Invesco Floating Rate Municipal Income ETF
PVI
21 hedge funds and large institutions have $25.9M invested in Invesco Floating Rate Municipal Income ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
11% more funds holding
Funds holding: 19 → 21 (+2)
5% more capital invested
Capital invested by funds: $24.6M → $25.9M (+$1.3M)
2.79% more ownership
Funds ownership: 31.8% → 34.59% (+2.8%)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.44M |
| 2 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$1.31M |
| 3 |
LPL Financial
San Diego,
California
|
+$505K |
| 4 |
Morgan Stanley
New York
|
+$299K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hedeker Wealth
Lincolnshire,
Illinois
|
-$1.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$900K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$792K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$681K |
| 5 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$115K |
PVI Hedge Fund Activity: Q1 2023 in Review
21 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2023, worth a combined $25.9M — up 5.3% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new PVI positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, adding an estimated $2.44M. The largest seller was Hedeker Wealth, exiting entirely with an estimated $1.1M sold.
- 21 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2023, up from 19 in Q4 2022.
- Funds reported $25.9M of Invesco Floating Rate Municipal Income ETF stock for Q1 2023, up 5.3% quarter-over-quarter.
- 3 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2023 and 1 closed out, a net change of +2 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2023 was Jane Street, an estimated $2.44M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2023 was Hedeker Wealth, an estimated $1.1M sold.
Based on aggregated 13F filings for Q1 2023.