Invesco Variable Rate Preferred ETF - VRP Price, Holdings, & News

Invesco Variable Rate Preferred ETF's stock was trading at $22.39 at the beginning of 2023. Since then, VRP shares have decreased by 3.2% and is now trading at $21.68.
View the best growth stocks for 2023 here.

Invesco Variable Rate Preferred ETF is a equity fund issued by Invesco. VRP focuses on preferred stock investments and follows the ICE Variable Rate Preferred & Hybrid Securities Index. The fund's investments total to approximately $1.58 billion assets under management.

Invesco Variable Rate Preferred ETF's management fee is 0.50% and has no other recorded expenses or fee waivers. The net expense ratio for VRP is 0.50%.

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Variable Rate Preferred ETF investors own include Verizon Communications (VZ), Invesco Preferred ETF (PGX), Lam Research (LRCX), iShares Preferred and Income Securities ETF (PFF), Boeing (BA), Bank of America (BAC), CVS Health (CVS), Enterprise Products Partners (EPD), Gilead Sciences (GILD) and Johnson & Johnson (JNJ).

Invesco Variable Rate Preferred ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "VRP."

Invesco Variable Rate Preferred ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Morgan Stanley (7.38%), Bank of America Corp DE (4.86%), JPMorgan Chase & Co. (3.67%), UBS Group AG (3.28%), Advisor Group Holdings Inc. (2.92%) and Wells Fargo & Company MN (2.77%).

Shares of VRP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of VRP stock can currently be purchased for approximately $21.68.

Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) has a market capitalization of $1.59 billion.