Invesco Floating Rate Municipal Income ETF
16 hedge funds and large institutions have $25.4M invested in Invesco Floating Rate Municipal Income ETF in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
16% more capital invested
Capital invested by funds: $21.9M → $25.4M (+$3.48M)
4.74% more ownership
Funds ownership: 47.6% → 52.34% (+4.7%)
11% less funds holding
Funds holding: 18 → 16 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.98M |
| 2 |
Jane Street
New York
|
+$1.14M |
| 3 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$449K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$392K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$402K |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$265K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$236K |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$227K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$115K |
PVI Hedge Fund Activity: Q1 2021 in Review
16 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2021, worth a combined $25.4M — up 16% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PVI and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Bank of America, adding an estimated $1.98M. The largest seller was Mutual Advisors, exiting entirely with an estimated $402K sold.
- 16 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2021, down from 18 in Q4 2020.
- Funds reported $25.4M of Invesco Floating Rate Municipal Income ETF stock for Q1 2021, up 16% quarter-over-quarter.
- 1 fund opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2021 and 3 closed out, a net change of -2 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2021 was Bank of America, an estimated $1.98M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2021 was Mutual Advisors, an estimated $402K sold.
Based on aggregated 13F filings for Q1 2021.