Flynn Zito Capital Management LLC Cuts Stake in Invesco New York AMT-Free Municipal Bond ETF $PZT

Flynn Zito Capital Management LLC reduced its stake in shares of Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZTFree Report) by 16.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 145,023 shares of the company’s stock after selling 28,897 shares during the period. Invesco New York AMT-Free Municipal Bond ETF makes up about 1.2% of Flynn Zito Capital Management LLC’s holdings, making the stock its 20th largest holding. Flynn Zito Capital Management LLC’s holdings in Invesco New York AMT-Free Municipal Bond ETF were worth $3,236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in PZT. Jones Financial Companies Lllp purchased a new stake in Invesco New York AMT-Free Municipal Bond ETF during the 1st quarter valued at approximately $211,000. JPMorgan Chase & Co. grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 42.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,752 shares of the company’s stock valued at $254,000 after buying an additional 3,492 shares in the last quarter. Bank of America Corp DE grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 1.9% during the 2nd quarter. Bank of America Corp DE now owns 170,421 shares of the company’s stock valued at $3,688,000 after buying an additional 3,114 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Invesco New York AMT-Free Municipal Bond ETF during the 3rd quarter valued at approximately $41,000. Finally, PFG Investments LLC grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 17.3% during the 3rd quarter. PFG Investments LLC now owns 11,785 shares of the company’s stock valued at $262,000 after buying an additional 1,742 shares in the last quarter.

Invesco New York AMT-Free Municipal Bond ETF Stock Down 0.2%

Shares of PZT opened at $22.16 on Tuesday. Invesco New York AMT-Free Municipal Bond ETF has a 1 year low of $21.10 and a 1 year high of $22.71. The company has a 50 day simple moving average of $22.32 and a two-hundred day simple moving average of $22.38.

About Invesco New York AMT-Free Municipal Bond ETF

(Free Report)

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. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.

Further Reading

Want to see what other hedge funds are holding PZT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZTFree Report).

Institutional Ownership by Quarter for Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT)

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