Invesco Floating Rate Municipal Income ETF
PVI
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.
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: 21 → 21 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.14M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$1.93M |
| 3 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
+$908K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$422K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$912K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$222K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$185K |
| 4 |
Morgan Stanley
New York
|
-$86.1K |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$65.5K |
PVI Hedge Fund Activity: Q3 2017 in Review
21 of the 4,022 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.