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.
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
82% more capital inflows, than outflows
Capital inflows: $3.23M | Capital outflows: $1.77M
10% more funds holding
Funds holding: 21 → 23 (+2)
2.34% more ownership
Funds ownership: 71.82% → 74.17% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$901K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$461K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$404K |
| 4 |
Morgan Stanley
New York
|
+$374K |
| 5 |
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.25M |
| 2 |
Jane Street
New York
|
-$307K |
| 3 |
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$109K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$87.8K |
| 5 |
IFP Advisors
Tampa,
Florida
|
-$20K |
PVI Hedge Fund Activity: Q4 2017 in Review
23 of the 4,420 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.