Invesco Floating Rate Municipal Income ETF
17 hedge funds and large institutions have $22.9M invested in Invesco Floating Rate Municipal Income ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 6 closing their positions.
3.23% more ownership
Funds ownership: 41.55% → 44.78% (+3.2%)
3% more capital invested
Capital invested by funds: $22.3M → $22.9M (+$662K)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
11% less funds holding
Funds holding: 19 → 17 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$961K |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$445K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$312K |
| 4 |
Jane Street
New York
|
+$305K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$516K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$374K |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$282K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$265K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$260K |
PVI Hedge Fund Activity: Q1 2020 in Review
17 of the 4,548 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2020, worth a combined $22.9M — up 3% from $22.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PVI and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $961K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $516K sold.
- 17 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2020, down from 19 in Q4 2019.
- Funds reported $22.9M of Invesco Floating Rate Municipal Income ETF stock for Q1 2020, up 3% quarter-over-quarter.
- 5 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2020 and 6 closed out, a net change of -1 holder.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2020 was Cambridge Investment Research Advisors, an estimated $961K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2020 was Susquehanna International Group, an estimated $516K sold.
Based on aggregated 13F filings for Q1 2020.