Miracle Mile Advisors LLC Grows Position in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Miracle Mile Advisors LLC boosted its stake in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 89.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,594,403 shares of the company’s stock after purchasing an additional 751,268 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $39,653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Avidian Wealth Solutions LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF in the 4th quarter worth approximately $203,000. Dynamic Advisor Solutions LLC raised its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 482.8% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 59,998 shares of the company’s stock valued at $1,501,000 after acquiring an additional 49,703 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 12.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 16,872 shares of the company’s stock worth $421,000 after purchasing an additional 1,927 shares during the last quarter. Affinity Capital Advisors LLC increased its holdings in Invesco California AMT-Free Municipal Bond ETF by 1.3% during the 1st quarter. Affinity Capital Advisors LLC now owns 172,398 shares of the company’s stock valued at $4,288,000 after purchasing an additional 2,172 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Invesco California AMT-Free Municipal Bond ETF by 1,047.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 198,382 shares of the company’s stock worth $4,656,000 after buying an additional 181,088 shares during the period.

Invesco California AMT-Free Municipal Bond ETF Price Performance

Shares of PWZ traded down $0.04 during mid-day trading on Monday, hitting $24.63. 238,740 shares of the company’s stock traded hands, compared to its average volume of 139,513. The business’s 50-day moving average price is $24.65 and its 200-day moving average price is $24.83. Invesco California AMT-Free Municipal Bond ETF has a 1 year low of $22.57 and a 1 year high of $25.32.

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.