Invesco Floating Rate Municipal Income ETF
22 hedge funds and large institutions have $23M invested in Invesco Floating Rate Municipal Income ETF in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 3 closing their positions.
0.57% more ownership
Funds ownership: 39.58% → 40.15% (+0.57%)
4% less funds holding
Funds holding: 23 → 22 (-1)
7% less capital invested
Capital invested by funds: $24.6M → $23M (-$1.65M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$861K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$357K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$248K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$208K |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$1.25M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$713K |
| 3 |
JP Morgan Chase
New York
|
-$420K |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$309K |
| 5 |
Jane Street
New York
|
-$296K |
PVI Hedge Fund Activity: Q2 2019 in Review
22 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2019, worth a combined $23M — down 6.7% from $24.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PVI and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $861K. The largest seller was Wolverine Trading, exiting entirely with an estimated $1.25M sold.
- 22 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2019, down from 23 in Q1 2019.
- Funds reported $23M of Invesco Floating Rate Municipal Income ETF stock for Q2 2019, down 6.7% quarter-over-quarter.
- 2 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2019 was Susquehanna International Group, an estimated $861K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2019 was Wolverine Trading, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2019.