Moors & Cabot Inc. Makes New Investment in Invesco Taxable Municipal Bond ETF $BAB

Moors & Cabot Inc. bought a new position in shares of Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 14,417 shares of the company’s stock, valued at approximately $382,000.

A number of other large investors have also recently made changes to their positions in the stock. Opal Wealth Advisors LLC increased its stake in Invesco Taxable Municipal Bond ETF by 116.6% in the 2nd quarter. Opal Wealth Advisors LLC now owns 3,093 shares of the company’s stock worth $82,000 after buying an additional 1,665 shares during the period. Harbour Investments Inc. grew its stake in Invesco Taxable Municipal Bond ETF by 25.7% in the 2nd quarter. Harbour Investments Inc. now owns 5,824 shares of the company’s stock worth $155,000 after acquiring an additional 1,189 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the second quarter worth approximately $210,000. Atria Investments Inc purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the second quarter worth approximately $212,000. Finally, Progressive Investment Management Corp raised its stake in shares of Invesco Taxable Municipal Bond ETF by 10.9% during the first quarter. Progressive Investment Management Corp now owns 13,506 shares of the company’s stock valued at $360,000 after acquiring an additional 1,325 shares in the last quarter.

Invesco Taxable Municipal Bond ETF Stock Down 0.1%

Shares of NYSEARCA:BAB opened at $27.34 on Friday. The business’s 50 day moving average is $27.30 and its 200 day moving average is $26.68. The stock has a market cap of $1.01 billion, a P/E ratio of -202.23 and a beta of 0.32. Invesco Taxable Municipal Bond ETF has a 52-week low of $25.59 and a 52-week high of $27.69.

About Invesco Taxable Municipal Bond ETF

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index.