Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Shares Sold by SimpliFi Inc.

SimpliFi Inc. trimmed its position in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 4.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,749 shares of the company’s stock after selling 2,957 shares during the quarter. Invesco California AMT-Free Municipal Bond ETF makes up 0.7% of SimpliFi Inc.’s investment portfolio, making the stock its 16th largest position. SimpliFi Inc. owned approximately 0.17% of Invesco California AMT-Free Municipal Bond ETF worth $1,426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PWZ. Affinity Capital Advisors LLC acquired a new position in Invesco California AMT-Free Municipal Bond ETF during the third quarter worth about $5,614,000. Miracle Mile Advisors LLC grew its stake in Invesco California AMT-Free Municipal Bond ETF by 7.4% during the third quarter. Miracle Mile Advisors LLC now owns 2,270,757 shares of the company’s stock worth $56,951,000 after buying an additional 156,516 shares during the period. Verus Wealth Management LLC purchased a new stake in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth approximately $1,396,000. Stratos Wealth Partners LTD. grew its stake in Invesco California AMT-Free Municipal Bond ETF by 2.0% during the third quarter. Stratos Wealth Partners LTD. now owns 1,411,558 shares of the company’s stock worth $35,402,000 after buying an additional 28,143 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at $591,000.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

Shares of PWZ stock opened at $24.40 on Friday. The firm has a fifty day simple moving average of $24.73 and a 200-day simple moving average of $24.86. Invesco California AMT-Free Municipal Bond ETF has a twelve month low of $24.10 and a twelve month high of $25.49.

Invesco California AMT-Free Municipal Bond ETF Company Profile

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.