Invesco Floating Rate Municipal Income ETF
19 hedge funds and large institutions have $24.6M invested in Invesco Floating Rate Municipal Income ETF in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 6 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
9.7% less ownership
Funds ownership: 41.49% → 31.8% (-9.7%)
21% less funds holding
Funds holding: 24 → 19 (-5)
57% less capital inflows, than outflows
Capital inflows: $2.93M | Capital outflows: $6.81M
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$559K |
| 3 |
Morgan Stanley
New York
|
+$509K |
| 4 |
WealthBridge Capital Management
Westerville,
Ohio
|
+$134K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.39M |
| 2 |
Jane Street
New York
|
-$1.25M |
| 3 |
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$849K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$839K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$751K |
PVI Hedge Fund Activity: Q4 2022 in Review
19 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q4 2022, worth a combined $24.6M — down 13% from $28.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PVI and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $1.4M. The largest seller was Bank of America, cutting an estimated $2.39M.
- 19 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q4 2022, down from 24 in Q3 2022.
- Funds reported $24.6M of Invesco Floating Rate Municipal Income ETF stock for Q4 2022, down 13% quarter-over-quarter.
- 1 fund opened new Invesco Floating Rate Municipal Income ETF positions in Q4 2022 and 6 closed out, a net change of -5 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q4 2022 was Wells Fargo, an estimated $1.4M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q4 2022 was Bank of America, an estimated $2.39M sold.
Based on aggregated 13F filings for Q4 2022.