Invesco Floating Rate Municipal Income ETF
25 hedge funds and large institutions have $32.5M invested in Invesco Floating Rate Municipal Income ETF in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
32.34% more ownership
Funds ownership: 34.59% → 66.93% (+32%)
26% more capital invested
Capital invested by funds: $25.9M → $32.5M (+$6.61M)
19% more funds holding
Funds holding: 21 → 25 (+4)
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.94M |
| 2 |
Rockefeller Capital Management
New York
|
+$2.94M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$373K |
| 4 |
LPL Financial
San Diego,
California
|
+$295K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$894K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$207K |
| 3 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$207K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$183K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$163K |
PVI Hedge Fund Activity: Q2 2023 in Review
25 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2023, worth a combined $32.5M — up 26% from $25.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PVI positions and 2 closed out — a net gain of 4 holders — while 4 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, adding an estimated $3.94M. The largest seller was Raymond James & Associates, cutting an estimated $894K.
- 25 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2023, up from 21 in Q1 2023.
- Funds reported $32.5M of Invesco Floating Rate Municipal Income ETF stock for Q2 2023, up 26% quarter-over-quarter.
- 6 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2023 and 2 closed out, a net change of +4 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2023 was Jane Street, an estimated $3.94M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2023 was Raymond James & Associates, an estimated $894K sold.
Based on aggregated 13F filings for Q2 2023.