Invesco Floating Rate Municipal Income ETF
18 hedge funds and large institutions have $23.5M invested in Invesco Floating Rate Municipal Income ETF in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 2 closing their positions.
1.12% more ownership
Funds ownership: 45.96% → 47.08% (+1.1%)
0% less capital invested
Capital invested by funds: $23.5M → $23.5M (-$32K)
10% less funds holding
Funds holding: 20 → 18 (-2)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$929K |
| 2 |
Morgan Stanley
New York
|
+$280K |
| 3 |
Jane Street
New York
|
+$219K |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$28.5K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
-$521K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$294K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$222K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$167K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$113K |
PVI Hedge Fund Activity: Q3 2020 in Review
18 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q3 2020, worth a combined $23.5M — down 0.14% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PVI and 0 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Bank of America, adding an estimated $929K. The largest seller was Piershale Financial Group, exiting entirely with an estimated $521K sold.
- 18 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q3 2020, down from 20 in Q2 2020.
- Funds reported $23.5M of Invesco Floating Rate Municipal Income ETF stock for Q3 2020, down 0.14% quarter-over-quarter.
- 0 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q3 2020 and 2 closed out, a net change of -2 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q3 2020 was Bank of America, an estimated $929K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q3 2020 was Piershale Financial Group, an estimated $521K sold.
Based on aggregated 13F filings for Q3 2020.