Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Strong Trading Volume

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 129,527 shares changed hands during mid-day trading, a decline of 35% from the previous session’s volume of 199,032 shares.The stock last traded at $24.85 and had previously closed at $24.90.

Invesco California AMT-Free Municipal Bond ETF Stock Up 0.1 %

The stock has a fifty day simple moving average of $24.86 and a 200-day simple moving average of $24.81.

Institutional Investors Weigh In On Invesco California AMT-Free Municipal Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tidemark LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter valued at about $29,000. Larson Financial Group LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the second quarter valued at approximately $41,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at $89,000. Comerica Bank boosted its stake in Invesco California AMT-Free Municipal Bond ETF by 63.7% during the first quarter. Comerica Bank now owns 6,668 shares of the company’s stock worth $166,000 after buying an additional 2,594 shares in the last quarter. Finally, Avidian Wealth Solutions LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF in the 4th quarter valued at $203,000.

Invesco California AMT-Free Municipal Bond ETF Company Profile

(Get Free Report)

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.

Further Reading

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