Invesco Floating Rate Municipal Income ETF
21 hedge funds and large institutions have $21.6M invested in Invesco Floating Rate Municipal Income ETF in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 7 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
5% less capital invested
Capital invested by funds: $22.7M → $21.6M (-$1.14M)
1.12% less ownership
Funds ownership: 36.51% → 35.39% (-1.1%)
13% less funds holding
Funds holding: 24 → 21 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$858K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$452K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$248K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$192K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$78.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$463K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$451K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$376K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$368K |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$352K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$100K | -4,000 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$57K | -2,300 | Closed |
|
PVI Hedge Fund Activity: Q3 2018 in Review
21 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q3 2018, worth a combined $21.6M — down 5% from $22.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PVI and 4 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $858K. The largest seller was Morgan Stanley, cutting an estimated $463K.
- 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q3 2018, down from 24 in Q2 2018.
- Funds reported $21.6M of Invesco Floating Rate Municipal Income ETF stock for Q3 2018, down 5% quarter-over-quarter.
- 4 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q3 2018 and 7 closed out, a net change of -3 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q3 2018 was Jane Street, an estimated $858K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q3 2018 was Morgan Stanley, an estimated $463K sold.
Based on aggregated 13F filings for Q3 2018.