Shares of Invesco Quality Municipal Income Trust (NYSE:IQI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $13.00 and last traded at $12.84, with a volume of 99948 shares traded. The stock had previously closed at $12.84.

The stock’s fifty day moving average is $12.72 and its two-hundred day moving average is $12.26.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC raised its holdings in shares of Invesco Quality Municipal Income Trust by 0.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 805,327 shares of the financial services provider’s stock worth $10,002,000 after acquiring an additional 5,442 shares during the last quarter. Robinson Capital Management LLC raised its holdings in shares of Invesco Quality Municipal Income Trust by 3.6% in the 2nd quarter. Robinson Capital Management LLC now owns 769,674 shares of the financial services provider’s stock worth $9,636,000 after acquiring an additional 27,100 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of Invesco Quality Municipal Income Trust by 15.3% in the 2nd quarter. Van ECK Associates Corp now owns 247,795 shares of the financial services provider’s stock worth $3,078,000 after acquiring an additional 32,791 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Invesco Quality Municipal Income Trust by 27.2% in the 2nd quarter. Wells Fargo & Company MN now owns 232,928 shares of the financial services provider’s stock worth $2,893,000 after acquiring an additional 49,842 shares during the last quarter. Finally, JFS Wealth Advisors LLC raised its holdings in shares of Invesco Quality Municipal Income Trust by 1.0% in the 2nd quarter. JFS Wealth Advisors LLC now owns 214,380 shares of the financial services provider’s stock worth $2,663,000 after acquiring an additional 2,055 shares during the last quarter. Institutional investors own 13.79% of the company’s stock.

Invesco Quality Municipal Income Trust Company Profile (NYSE:IQI)

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.

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