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Invesco Floating Rate Municipal Income ETF

21 hedge funds and large institutions have $44.7M invested in Invesco Floating Rate Municipal Income ETF in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $39.7M → $44.7M (+$5.07M)

4.66% more ownership

Funds ownership: 48.94%53.6% (+4.7%)

0% more funds holding

Funds holding: 2121 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

43% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 7

Holders
21
Holders Change
Holders Change %
0%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$21.3M -$15K -600 -0.1%
Bank of America
2
Bank of America
North Carolina
$8.04M +$3.14M +126,004 +64%
JCM
3
Janney Capital Management
Pennsylvania
$6.83M +$1.93M +77,328 +39%
Wells Fargo
4
Wells Fargo
California
$2.02M -$185K -7,416 -8%
Morgan Stanley
5
Morgan Stanley
New York
$1.33M -$86.1K -3,454 -6%
RCAG
6
Rehmann Capital Advisory Group
Michigan
$975K -$65.5K -2,628 -6%
CCA
7
Clearwater Capital Advisors
Illinois
$908K +$908K +36,440 New
UBS Group
8
UBS Group
Switzerland
$669K -$51.8K -2,078 -7%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$422K +$232K +9,316 +122%
HighTower Advisors
10
HighTower Advisors
Illinois
$419K +$422K +16,915 New
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$341K
FIM
12
Freedom Investment Management
Connecticut
$328K +$28.1K +1,126 +9%
Jane Street
13
Jane Street
New York
$307K -$912K -36,593 -75%
RJA
14
Raymond James & Associates
Florida
$256K
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$228K
BC
16
Bartlett & Co
Ohio
$196K
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$99K -$7.3K -293 -7%
AA
18
AlphaMark Advisors
Kentucky
$80K
IA
19
IFP Advisors
Florida
$20K
PSC
20
Prentiss Smith & Co
Vermont
$17K
Wolverine Trading
21
Wolverine Trading
Illinois
-$222K -8,896 Closed
Creative Planning
22
Creative Planning
Kansas
-$6K -250 Closed

PVI Hedge Fund Activity: Q3 2017 in Review

21 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q3 2017, worth a combined $44.7M — up 13% from $39.7M a quarter earlier.

Fund positioning in PVI was balanced in Q3 2017: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 7 trimmed.

The largest buyer was Bank of America, adding an estimated $3.14M. The largest seller was Jane Street, cutting an estimated $912K.

  • 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q3 2017, unchanged from Q2 2017.
  • Funds reported $44.7M of Invesco Floating Rate Municipal Income ETF stock for Q3 2017, up 13% quarter-over-quarter.
  • 2 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q3 2017 and 2 closed out, a net change of 0 holders.
  • The largest Invesco Floating Rate Municipal Income ETF buyer in Q3 2017 was Bank of America, an estimated $3.14M added.
  • The largest Invesco Floating Rate Municipal Income ETF seller in Q3 2017 was Jane Street, an estimated $912K sold.

Based on aggregated 13F filings for Q3 2017.