Invesco Floating Rate Municipal Income ETF
21 hedge funds and large institutions have $23.7M invested in Invesco Floating Rate Municipal Income ETF in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
26% less capital invested
Capital invested by funds: $32.1M → $23.7M (-$8.35M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$308K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$118K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$70.2K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$44.2K |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$38.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGF
Compass Financial Group (Florida)
Deerfield Beach,
Florida
|
-$3.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.62M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.28M |
| 4 |
Morgan Stanley
New York
|
-$721K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$196K |
PVI Hedge Fund Activity: Q1 2016 in Review
21 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2016, worth a combined $23.7M — down 26% from $32.1M a quarter earlier.
Fund positioning in PVI was balanced in Q1 2016: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $308K. The largest seller was Compass Financial Group (Florida), cutting an estimated $3.06M.
- 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $23.7M of Invesco Floating Rate Municipal Income ETF stock for Q1 2016, down 26% quarter-over-quarter.
- 1 fund opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2016 and 1 closed out, a net change of 0 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2016 was Raymond James & Associates, an estimated $308K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2016 was Compass Financial Group (Florida), an estimated $3.06M sold.
Based on aggregated 13F filings for Q1 2016.