Invesco Floating Rate Municipal Income ETF
22 hedge funds and large institutions have $30M invested in Invesco Floating Rate Municipal Income ETF in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
17% more capital inflows, than outflows
Capital inflows: $3.65M | Capital outflows: $3.12M
16% more funds holding
Funds holding: 19 → 22 (+3)
12.87% less ownership
Funds ownership: 59.29% → 46.42% (-13%)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hedeker Wealth
Lincolnshire,
Illinois
|
+$1.04M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.03M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$475K |
| 4 |
Jane Street
New York
|
+$458K |
| 5 |
WealthBridge Capital Management
Westerville,
Ohio
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.08M |
| 2 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$708K |
| 3 |
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$83.7K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$75.4K |
| 5 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$55K |
PVI Hedge Fund Activity: Q2 2022 in Review
22 of the 5,963 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q2 2022, worth a combined $30M — up 1.8% from $29.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PVI positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Hedeker Wealth, opening a new position worth an estimated $1.04M. The largest seller was Bank of America, cutting an estimated $2.08M.
- 22 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q2 2022, up from 19 in Q1 2022.
- Funds reported $30M of Invesco Floating Rate Municipal Income ETF stock for Q2 2022, up 1.8% quarter-over-quarter.
- 4 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q2 2022 and 1 closed out, a net change of +3 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q2 2022 was Hedeker Wealth, an estimated $1.04M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q2 2022 was Bank of America, an estimated $2.08M sold.
Based on aggregated 13F filings for Q2 2022.