Invesco Floating Rate Municipal Income ETF
24 hedge funds and large institutions have $17.6M invested in Invesco Floating Rate Municipal Income ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 6 closing their positions.
2.81% less ownership
Funds ownership: 48.71% → 45.9% (-2.8%)
11% less funds holding
Funds holding: 27 → 24 (-3)
12% less capital invested
Capital invested by funds: $20M → $17.6M (-$2.32M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$334K |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$225K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$73.1K |
| 5 |
Jane Street
New York
|
+$67.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.25M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$2.07M |
| 3 |
LPL Financial
San Diego,
California
|
-$680K |
| 4 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$434K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$292K |
PVI Hedge Fund Activity: Q4 2023 in Review
24 of the 6,870 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q4 2023, worth a combined $17.6M — down 12% from $20M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of PVI and 3 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 6 added.
The largest buyer was UBS Group, adding an estimated $4.41M. The largest seller was Wells Fargo, cutting an estimated $2.25M.
- 24 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q4 2023, down from 27 in Q3 2023.
- Funds reported $17.6M of Invesco Floating Rate Municipal Income ETF stock for Q4 2023, down 12% quarter-over-quarter.
- 3 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q4 2023 and 6 closed out, a net change of -3 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q4 2023 was UBS Group, an estimated $4.41M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q4 2023 was Wells Fargo, an estimated $2.25M sold.
Based on aggregated 13F filings for Q4 2023.