Miracle Mile Advisors LLC Cuts Stock Holdings in Invesco New York AMT-Free Municipal Bond ETF $PZT

Miracle Mile Advisors LLC lowered its stake in Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) by 62.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,027 shares of the company’s stock after selling 215,767 shares during the period. Miracle Mile Advisors LLC’s holdings in Invesco New York AMT-Free Municipal Bond ETF were worth $2,825,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PZT. Belpointe Asset Management LLC purchased a new position in Invesco New York AMT-Free Municipal Bond ETF in the 1st quarter worth approximately $232,000. Wealthfront Advisers LLC purchased a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the second quarter valued at approximately $267,000. Ameritas Advisory Services LLC bought a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the second quarter worth approximately $26,000. PFG Investments LLC bought a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the second quarter worth approximately $217,000. Finally, Sax Wealth Advisors LLC purchased a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the second quarter worth $781,000.

Invesco New York AMT-Free Municipal Bond ETF Trading Up 0.0%

NYSEARCA:PZT opened at $22.32 on Friday. The company has a fifty day moving average of $22.42 and a 200 day moving average of $21.99. Invesco New York AMT-Free Municipal Bond ETF has a 52 week low of $20.19 and a 52 week high of $23.80.

Invesco New York AMT-Free Municipal Bond ETF Profile

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.