Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Unusually-High Trading Volume – Time to Buy?

by · The Cerbat Gem

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 1,176,230 shares changed hands during mid-day trading, an increase of 521% from the previous session’s volume of 189,485 shares.The stock last traded at $24.97 and had previously closed at $24.97.

Invesco California AMT-Free Municipal Bond ETF Price Performance

The business has a 50-day moving average of $25.02 and a 200 day moving average of $24.81.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PWZ. Atomi Financial Group Inc. purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the third quarter valued at approximately $202,000. Affinity Capital Advisors LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the 3rd quarter worth $5,614,000. Miracle Mile Advisors LLC grew its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 7.4% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,270,757 shares of the company’s stock worth $56,951,000 after acquiring an additional 156,516 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter worth $269,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at about $591,000.

Invesco California AMT-Free Municipal Bond ETF Company Profile

(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.

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