Miracle Mile Advisors LLC Purchases 154,087 Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Miracle Mile Advisors LLC increased its holdings in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,424,844 shares of the company’s stock after acquiring an additional 154,087 shares during the quarter. Invesco California AMT-Free Municipal Bond ETF makes up about 1.2% of Miracle Mile Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Miracle Mile Advisors LLC owned approximately 0.07% of Invesco California AMT-Free Municipal Bond ETF worth $59,894,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 153.9% in the 4th quarter. GAMMA Investing LLC now owns 27,193 shares of the company’s stock worth $672,000 after purchasing an additional 16,484 shares during the period. Destination Wealth Management raised its stake in Invesco California AMT-Free Municipal Bond ETF by 2.0% in the third quarter. Destination Wealth Management now owns 26,118 shares of the company’s stock worth $655,000 after buying an additional 500 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in Invesco California AMT-Free Municipal Bond ETF by 1.7% during the third quarter. EP Wealth Advisors LLC now owns 773,395 shares of the company’s stock worth $19,397,000 after buying an additional 12,990 shares during the period. HighTower Advisors LLC boosted its position in Invesco California AMT-Free Municipal Bond ETF by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 38,129 shares of the company’s stock valued at $959,000 after acquiring an additional 475 shares in the last quarter. Finally, Townsquare Capital LLC purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter valued at $475,000.

Invesco California AMT-Free Municipal Bond ETF Trading Down 0.8 %

Shares of NYSEARCA PWZ traded down $0.19 during mid-day trading on Monday, reaching $24.21. 156,802 shares of the company were exchanged, compared to its average volume of 96,300. Invesco California AMT-Free Municipal Bond ETF has a 1 year low of $24.20 and a 1 year high of $25.49. The firm has a 50-day moving average of $24.84 and a 200 day moving average of $24.90.

Invesco California AMT-Free Municipal Bond ETF Company Profile

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.