Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Large Volume Increase – Here’s Why

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZGet Free Report) shares saw an uptick in trading volume on Wednesday . 459,766 shares traded hands during mid-day trading, an increase of 241% from the previous session’s volume of 134,843 shares.The stock last traded at $24.34 and had previously closed at $24.23.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

The company’s 50-day moving average is $24.81 and its 200-day moving average is $24.89.

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

Several large investors have recently bought and sold shares of PWZ. Larson Financial Group LLC boosted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 60.6% in the 3rd quarter. Larson Financial Group LLC now owns 2,650 shares of the company’s stock valued at $66,000 after buying an additional 1,000 shares during the period. Bristlecone Advisors LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the third quarter valued at approximately $78,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF in the second quarter worth approximately $89,000. Atomi Financial Group Inc. purchased a new position in Invesco California AMT-Free Municipal Bond ETF in the third quarter worth approximately $202,000. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new position in Invesco California AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $255,000.

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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