Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ – Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 204,301 shares, a growth of 133.5% from the July 15th total of 87,494 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 258,223 shares, the short-interest ratio is presently 0.8 days.
Institutional Investors Weigh In On Invesco California AMT-Free Municipal Bond ETF
A number of large investors have recently modified their holdings of PWZ. EP Wealth Advisors LLC purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth about $17,820,000. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco California AMT-Free Municipal Bond ETF by 34.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,238,739 shares of the company’s stock valued at $53,551,000 after purchasing an additional 571,684 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at approximately $3,713,000. Bank of America Corp DE grew its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 41.0% during the 3rd quarter. Bank of America Corp DE now owns 985,000 shares of the company’s stock worth $23,561,000 after purchasing an additional 286,187 shares during the period. Finally, Jane Street Group LLC grew its position in Invesco California AMT-Free Municipal Bond ETF by 82.3% during the second quarter. Jane Street Group LLC now owns 489,526 shares of the company’s stock worth $11,426,000 after buying an additional 220,948 shares during the period.
Invesco California AMT-Free Municipal Bond ETF Stock Performance
Shares of Invesco California AMT-Free Municipal Bond ETF stock traded down $0.06 during mid-day trading on Friday, hitting $24.15. The stock had a trading volume of 436,869 shares, compared to its average volume of 230,637. Invesco California AMT-Free Municipal Bond ETF has a 12-month low of $22.97 and a 12-month high of $24.59. The firm has a 50-day moving average of $24.27 and a two-hundred day moving average of $24.23.
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.
See Also
- Five stocks we like better than Invesco California AMT-Free Municipal Bond ETF
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
- Microsoft’s Maia 300 Chip Targets NVIDIA’s AI Dominance
Receive News & Ratings for Invesco California AMT-Free Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco California AMT-Free Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
