McAdam LLC Trims Stake in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)

McAdam LLC cut its position in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 307,774 shares of the company’s stock after selling 10,710 shares during the period. McAdam LLC owned approximately 0.26% of Invesco National AMT-Free Municipal Bond ETF worth $7,433,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. SteelPeak Wealth LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 50.8% in the first quarter. SteelPeak Wealth LLC now owns 140,617 shares of the company’s stock worth $3,351,000 after buying an additional 47,393 shares during the period. Concurrent Investment Advisors LLC grew its position in Invesco National AMT-Free Municipal Bond ETF by 192.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 56,048 shares of the company’s stock valued at $1,336,000 after acquiring an additional 36,908 shares during the last quarter. US Bancorp DE lifted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 18.1% during the first quarter. US Bancorp DE now owns 325,363 shares of the company’s stock worth $7,753,000 after purchasing an additional 49,820 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 6.5% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,525,514 shares of the company’s stock valued at $60,991,000 after purchasing an additional 155,198 shares during the period. Finally, Francis Financial Inc. bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the first quarter worth about $392,000.

Invesco National AMT-Free Municipal Bond ETF Trading Down 1.0 %

Shares of PZA opened at $23.60 on Thursday. The company has a 50-day moving average of $24.02 and a 200 day moving average of $23.83. Invesco National AMT-Free Municipal Bond ETF has a 1-year low of $21.69 and a 1-year high of $24.29.

About Invesco National AMT-Free Municipal Bond ETF

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.