Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Large Volume Increase

Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) saw strong trading volume on Monday . 187,885 shares were traded during mid-day trading, an increase of 0% from the previous session’s volume of 187,444 shares.The stock last traded at $25.14 and had previously closed at $25.16.

Invesco California AMT-Free Municipal Bond ETF Price Performance

The stock’s 50 day moving average is $24.92 and its two-hundred day moving average is $24.80.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tidemark LLC acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the 4th quarter valued at approximately $29,000. Larson Financial Group LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at $41,000. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 2nd quarter valued at about $89,000. Comerica Bank grew its position in shares of Invesco California AMT-Free Municipal Bond ETF by 63.7% in the 1st quarter. Comerica Bank now owns 6,668 shares of the company’s stock valued at $166,000 after acquiring an additional 2,594 shares during the period. Finally, Southland Equity Partners LLC acquired a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the 1st quarter worth about $247,000.

About Invesco California AMT-Free Municipal Bond ETF

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.