Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Hits New 1-Year Low – Time to Sell?

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $24.25 and last traded at $24.25, with a volume of 33124 shares changing hands. The stock had previously closed at $24.40.

Invesco California AMT-Free Municipal Bond ETF Trading Up 0.7 %

The firm has a fifty day simple moving average of $24.81 and a 200-day simple moving average of $24.89.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of the business. Larson Financial Group LLC increased its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 60.6% in the 3rd quarter. Larson Financial Group LLC now owns 2,650 shares of the company’s stock valued at $66,000 after acquiring an additional 1,000 shares during the last quarter. Bristlecone Advisors LLC acquired a new position in Invesco California AMT-Free Municipal Bond ETF during the third quarter valued at approximately $78,000. Kayne Anderson Rudnick Investment Management LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at approximately $89,000. Atomi Financial Group Inc. acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the third quarter worth $202,000. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth $255,000.

About Invesco California AMT-Free Municipal Bond ETF

(Get Free Report)

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.

Further Reading

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