Invesco Floating Rate Municipal Income ETF
18 hedge funds and large institutions have $29M invested in Invesco Floating Rate Municipal Income ETF in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
14% more capital invested
Capital invested by funds: $25.5M → $29M (+$3.49M)
13% more funds holding
Funds holding: 16 → 18 (+2)
4.29% more ownership
Funds ownership: 52.56% → 56.85% (+4.3%)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$75.4K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$52.2K |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$52.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$534K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$290K |
| 4 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
-$130K |
| 5 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$130K |
PVI Hedge Fund Activity: Q3 2021 in Review
18 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q3 2021, worth a combined $29M — up 14% from $25.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PVI positions and 1 closed out — a net gain of 2 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $3.89M. The largest seller was Jane Street, cutting an estimated $1M.
- 18 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $29M of Invesco Floating Rate Municipal Income ETF stock for Q3 2021, up 14% quarter-over-quarter.
- 3 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q3 2021 and 1 closed out, a net change of +2 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q3 2021 was Citadel Advisors, an estimated $3.89M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q3 2021 was Jane Street, an estimated $1M sold.
Based on aggregated 13F filings for Q3 2021.