Invesco Floating Rate Municipal Income ETF
23 hedge funds and large institutions have $24.6M invested in Invesco Floating Rate Municipal Income ETF in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
10% more funds holding
Funds holding: 21 → 23 (+2)
7% more capital invested
Capital invested by funds: $23M → $24.6M (+$1.63M)
2.65% more ownership
Funds ownership: 36.94% → 39.58% (+2.6%)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$891K |
| 2 |
Jane Street
New York
|
+$785K |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$593K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$547K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$815K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$613K |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$526K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$421K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$16.9K |
PVI Hedge Fund Activity: Q1 2019 in Review
23 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2019, worth a combined $24.6M — up 7.1% from $23M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PVI positions and 1 closed out — a net gain of 2 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $891K. The largest seller was Bank of America, cutting an estimated $815K.
- 23 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2019, up from 21 in Q4 2018.
- Funds reported $24.6M of Invesco Floating Rate Municipal Income ETF stock for Q1 2019, up 7.1% quarter-over-quarter.
- 3 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2019 and 1 closed out, a net change of +2 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2019 was Morgan Stanley, an estimated $891K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2019 was Bank of America, an estimated $815K sold.
Based on aggregated 13F filings for Q1 2019.