Invesco Floating Rate Municipal Income ETF
24 hedge funds and large institutions have $22.7M invested in Invesco Floating Rate Municipal Income ETF in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 24 → 24 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3.38% less ownership
Funds ownership: 39.9% → 36.51% (-3.4%)
8% less capital invested
Capital invested by funds: $24.8M → $22.7M (-$2.05M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$374K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$79K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$57.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$46K |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$11.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$832K |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$669K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$304K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$296K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$252K |
PVI Hedge Fund Activity: Q2 2018 in Review
24 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2018, worth a combined $22.7M — down 8.3% from $24.8M a quarter earlier.
Fund positioning in PVI was balanced in Q2 2018: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 9 trimmed.
The largest buyer was Dakota Wealth Management, opening a new position worth an estimated $374K. The largest seller was Jane Street, cutting an estimated $832K.
- 24 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $22.7M of Invesco Floating Rate Municipal Income ETF stock for Q2 2018, down 8.3% quarter-over-quarter.
- 2 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2018 and 2 closed out, a net change of 0 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2018 was Dakota Wealth Management, an estimated $374K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2018 was Jane Street, an estimated $832K sold.
Based on aggregated 13F filings for Q2 2018.