Invesco Floating Rate Municipal Income ETF
19 hedge funds and large institutions have $22.3M invested in Invesco Floating Rate Municipal Income ETF in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1.53% less ownership
Funds ownership: 43.08% → 41.55% (-1.5%)
5% less funds holding
Funds holding: 20 → 19 (-1)
10% less capital invested
Capital invested by funds: $24.7M → $22.3M (-$2.41M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$549K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$516K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$260K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$174K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.18M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$385K |
| 3 |
Jane Street
New York
|
-$381K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$341K |
| 5 |
Morgan Stanley
New York
|
-$305K |
PVI Hedge Fund Activity: Q4 2019 in Review
19 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q4 2019, worth a combined $22.3M — down 9.8% from $24.7M a quarter earlier.
Fund positioning in PVI was balanced in Q4 2019: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 7 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $549K. The largest seller was Bank of America, cutting an estimated $2.18M.
- 19 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q4 2019, down from 20 in Q3 2019.
- Funds reported $22.3M of Invesco Floating Rate Municipal Income ETF stock for Q4 2019, down 9.8% quarter-over-quarter.
- 2 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q4 2019 and 2 closed out, a net change of 0 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q4 2019 was Cambridge Investment Research Advisors, an estimated $549K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q4 2019 was Bank of America, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2019.