Invesco Floating Rate Municipal Income ETF
PVI
21 hedge funds and large institutions have $32.1M invested in Invesco Floating Rate Municipal Income ETF in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.
4.35% more ownership
Funds ownership: 36.87% → 41.22% (+4.4%)
4% more capital invested
Capital invested by funds: $30.8M → $32.1M (+$1.22M)
16% less funds holding
Funds holding: 25 → 21 (-4)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.1M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$158K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$23.7K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.9K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$7.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$348K |
| 3 |
Jane Street
New York
|
-$316K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$250K |
| 5 |
Morgan Stanley
New York
|
-$243K |
PVI Hedge Fund Activity: Q4 2015 in Review
21 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q4 2015, worth a combined $32.1M — up 4% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of PVI and 1 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.1M. The largest seller was Bank of America, cutting an estimated $1.9M.
- 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q4 2015, down from 25 in Q3 2015.
- Funds reported $32.1M of Invesco Floating Rate Municipal Income ETF stock for Q4 2015, up 4% quarter-over-quarter.
- 1 fund opened new Invesco Floating Rate Municipal Income ETF positions in Q4 2015 and 4 closed out, a net change of -3 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q4 2015 was Royal Bank of Canada, an estimated $2.1M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q4 2015 was Bank of America, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2015.