Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Large Volume Increase – Still a Buy?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) shares saw strong trading volume on Monday . 5,081,158 shares traded hands during mid-day trading, an increase of 264% from the previous session’s volume of 1,396,675 shares.The stock last traded at $23.27 and had previously closed at $23.34.

Invesco National AMT-Free Municipal Bond ETF Stock Up 0.6 %

The company has a fifty day moving average price of $23.80 and a two-hundred day moving average price of $23.89.

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

Several large investors have recently modified their holdings of PZA. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the second quarter valued at $26,000. GAMMA Investing LLC boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 115.9% during the third quarter. GAMMA Investing LLC now owns 2,885 shares of the company’s stock valued at $70,000 after acquiring an additional 1,549 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the third quarter valued at $79,000. Prospera Private Wealth LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the third quarter valued at $85,000. Finally, Avior Wealth Management LLC boosted its stake in Invesco National AMT-Free Municipal Bond ETF by 3,523.0% in the 3rd quarter. Avior Wealth Management LLC now owns 3,623 shares of the company’s stock worth $85,000 after buying an additional 3,523 shares during the last quarter.

About Invesco National AMT-Free Municipal Bond ETF

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