Invesco Floating Rate Municipal Income ETF
21 hedge funds and large institutions have $23M invested in Invesco Floating Rate Municipal Income ETF in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $21.6M → $23M (+$1.43M)
1.54% more ownership
Funds ownership: 35.39% → 36.94% (+1.5%)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$1.27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$613K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$398K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$371K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$479K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$306K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$279K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$248K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$121K |
PVI Hedge Fund Activity: Q4 2018 in Review
21 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q4 2018, worth a combined $23M — up 6.6% from $21.6M a quarter earlier.
Fund positioning in PVI was balanced in Q4 2018: 6 funds opened new positions, 6 closed out, 3 added to existing stakes and 8 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $1.27M. The largest seller was Janney Capital Management, cutting an estimated $479K.
- 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $23M of Invesco Floating Rate Municipal Income ETF stock for Q4 2018, up 6.6% quarter-over-quarter.
- 6 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q4 2018 and 6 closed out, a net change of 0 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q4 2018 was Wolverine Trading, an estimated $1.27M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q4 2018 was Janney Capital Management, an estimated $479K sold.
Based on aggregated 13F filings for Q4 2018.