Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Position Reduced by Tortoise Investment Management LLC

Tortoise Investment Management LLC cut its position in shares of Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 79,333 shares of the company’s stock after selling 1,773 shares during the quarter. Tortoise Investment Management LLC owned 1.60% of Invesco New York AMT-Free Municipal Bond ETF worth $1,801,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PZT. HighTower Advisors LLC lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 600,014 shares of the company’s stock worth $14,018,000 after purchasing an additional 14,203 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 29.7% in the third quarter. Jane Street Group LLC now owns 36,400 shares of the company’s stock worth $850,000 after purchasing an additional 8,342 shares in the last quarter. Kades & Cheifetz LLC lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 26.8% in the fourth quarter. Kades & Cheifetz LLC now owns 20,760 shares of the company’s stock worth $471,000 after purchasing an additional 4,383 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 26.2% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 150,262 shares of the company’s stock worth $3,411,000 after purchasing an additional 31,223 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 112.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 27,180 shares of the company’s stock worth $617,000 after purchasing an additional 14,364 shares in the last quarter.

Invesco New York AMT-Free Municipal Bond ETF Price Performance

NYSEARCA PZT opened at $22.60 on Monday. The company has a 50 day simple moving average of $22.75 and a 200-day simple moving average of $23.00. Invesco New York AMT-Free Municipal Bond ETF has a 52-week low of $22.15 and a 52-week high of $23.89.

About Invesco New York AMT-Free Municipal Bond ETF

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index.