Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Trading Up 0.7% – Time to Buy?

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) shares shot up 0.7% during mid-day trading on Tuesday . The company traded as high as $24.09 and last traded at $24.08. 250,150 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 228,956 shares. The stock had previously closed at $23.92.

Invesco California AMT-Free Municipal Bond ETF Stock Up 0.7%

The business’s fifty day moving average is $24.10 and its 200-day moving average is $24.21.

Hedge Funds Weigh In On Invesco California AMT-Free Municipal Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PWZ. Keybank National Association OH raised its stake in Invesco California AMT-Free Municipal Bond ETF by 0.4% during the 4th quarter. Keybank National Association OH now owns 107,379 shares of the company’s stock worth $2,594,000 after acquiring an additional 433 shares during the period. Royal Bank of Canada raised its stake in Invesco California AMT-Free Municipal Bond ETF by 3.0% during the 4th quarter. Royal Bank of Canada now owns 15,010 shares of the company’s stock worth $363,000 after acquiring an additional 443 shares during the period. Omega Financial Group LLC raised its stake in Invesco California AMT-Free Municipal Bond ETF by 2.4% during the 4th quarter. Omega Financial Group LLC now owns 25,777 shares of the company’s stock worth $623,000 after acquiring an additional 597 shares during the period. Creative Planning raised its stake in Invesco California AMT-Free Municipal Bond ETF by 3.4% during the 3rd quarter. Creative Planning now owns 18,990 shares of the company’s stock worth $454,000 after acquiring an additional 631 shares during the period. Finally, Prospera Financial Services Inc raised its stake in Invesco California AMT-Free Municipal Bond ETF by 1.6% during the 3rd quarter. Prospera Financial Services Inc now owns 43,896 shares of the company’s stock worth $1,050,000 after acquiring an additional 683 shares during the period.

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.