Invesco Floating Rate Municipal Income ETF
PVI
21 hedge funds and large institutions have $22.2M invested in Invesco Floating Rate Municipal Income ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
1.53% more ownership
Funds ownership: 34.02% → 35.55% (+1.5%)
0% more funds holding
Funds holding: 21 → 21 (0)
6% less capital invested
Capital invested by funds: $23.7M → $22.2M (-$1.53M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.22M |
| 2 |
Jane Street
New York
|
+$926K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$287K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$256K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$99.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.76M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.49M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$523K |
| 4 |
CFGF
Compass Financial Group (Florida)
Deerfield Beach,
Florida
|
-$334K |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$301K |
PVI Hedge Fund Activity: Q2 2016 in Review
21 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2016, worth a combined $22.2M — down 6.5% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PVI positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.22M. The largest seller was Wells Fargo, cutting an estimated $2.76M.
- 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $22.2M of Invesco Floating Rate Municipal Income ETF stock for Q2 2016, down 6.5% quarter-over-quarter.
- 5 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2016 and 4 closed out, a net change of +1 holder.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2016 was Royal Bank of Canada, an estimated $2.22M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2016 was Wells Fargo, an estimated $2.76M sold.
Based on aggregated 13F filings for Q2 2016.