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Invesco Floating Rate Municipal Income ETF

23 hedge funds and large institutions have $46.2M invested in Invesco Floating Rate Municipal Income ETF in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 3

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

10% more funds holding

Funds holding: 2123 (+2)

3% more capital invested

Capital invested by funds: $44.7M → $46.2M (+$1.44M)

0.94% more ownership

Funds ownership: 53.6%54.54% (+0.94%)

Holders
23
Holders Change
+2
Holders Change %
+9.52%
% of All Funds
0.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
11
Reduced
3
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
$21.5M +$272K +10,900 +1%
Bank of America
2
Bank of America
North Carolina
$8.44M +$404K +16,231 +5%
JCM
3
Janney Capital Management
Pennsylvania
$6.71M -$109K -4,375 -2%
Morgan Stanley
4
Morgan Stanley
New York
$1.71M +$374K +15,008 +28%
CCA
5
Clearwater Capital Advisors
Illinois
$1.23M +$319K +12,790 +35%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$1M +$901K +36,173 +909%
RCAG
7
Rehmann Capital Advisory Group
Michigan
$998K +$23.3K +935 +2%
Wells Fargo
8
Wells Fargo
California
$769K -$1.25M -50,144 -62%
UBS Group
9
UBS Group
Switzerland
$745K +$75.8K +3,042 +11%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$718K +$297K +11,912 +70%
Wolverine Trading
11
Wolverine Trading
Illinois
$461K +$461K +18,511 New
FIM
12
Freedom Investment Management
Connecticut
$354K +$25.3K +1,015 +8%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$341K
HighTower Advisors
14
HighTower Advisors
Illinois
$332K -$87.8K -3,524 -21%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$276K +$48.2K +1,936 +21%
RJA
16
Raymond James & Associates
Florida
$266K +$9.97K +400 +4%
BC
17
Bartlett & Co
Ohio
$195K
AA
18
AlphaMark Advisors
Kentucky
$80K
PSC
19
Prentiss Smith & Co
Vermont
$17K
AC
20
Avestar Capital
New York
$13K +$13.6K +545 New
FAAS
21
First Allied Advisory Services
California
$7K +$7.48K +300 New
SWP
22
Stratos Wealth Partners
Ohio
$3K +$2.59K +104 New
Jane Street
23
Jane Street
New York
-$307K -12,332 Closed
IA
24
IFP Advisors
Florida
-$20K -807 Closed

PVI Hedge Fund Activity: Q4 2017 in Review

23 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q4 2017, worth a combined $46.2M — up 3.2% from $44.7M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new PVI positions and 2 closed out — a net gain of 2 holders — while 11 added to existing stakes and 3 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $901K. The largest seller was Wells Fargo, cutting an estimated $1.25M.

  • 23 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q4 2017, up from 21 in Q3 2017.
  • Funds reported $46.2M of Invesco Floating Rate Municipal Income ETF stock for Q4 2017, up 3.2% quarter-over-quarter.
  • 4 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q4 2017 and 2 closed out, a net change of +2 holders.
  • The largest Invesco Floating Rate Municipal Income ETF buyer in Q4 2017 was Envestnet Asset Management, an estimated $901K added.
  • The largest Invesco Floating Rate Municipal Income ETF seller in Q4 2017 was Wells Fargo, an estimated $1.25M sold.

Based on aggregated 13F filings for Q4 2017.