Invesco Floating Rate Municipal Income ETF
23 hedge funds and large institutions have $19.4M invested in Invesco Floating Rate Municipal Income ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0.98% more ownership
Funds ownership: 51.19% → 52.16% (+0.98%)
1% less capital invested
Capital invested by funds: $19.7M → $19.4M (-$260K)
4% less funds holding
Funds holding: 24 → 23 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.74M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.49M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$310K |
| 4 |
WIA
World Investment Advisors
Santa Barbara,
California
|
+$232K |
| 5 |
LPL Financial
San Diego,
California
|
+$132K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.96M |
| 2 |
SMG
Smart Money Group
Eastland,
Texas
|
-$435K |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$433K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$225K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
26
Gradient Investments
Arden Hills,
Minnesota
| – | -$25.2K | -1,016 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.14K | -46 | Closed |
|
PVI Hedge Fund Activity: Q1 2024 in Review
23 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2024, worth a combined $19.4M — down 1.3% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PVI and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 10 added.
The largest buyer was Jane Street, adding an estimated $1.74M. The largest seller was Morgan Stanley, cutting an estimated $2.96M.
- 23 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2024, down from 24 in Q4 2023.
- Funds reported $19.4M of Invesco Floating Rate Municipal Income ETF stock for Q1 2024, down 1.3% quarter-over-quarter.
- 3 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2024 was Jane Street, an estimated $1.74M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2024 was Morgan Stanley, an estimated $2.96M sold.
Based on aggregated 13F filings for Q1 2024.