Invesco New York AMT-Free Municipal Bond ETF $PZT Stake Lessened by HighTower Advisors LLC

HighTower Advisors LLC cut its stake in Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) by 46.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 328,652 shares of the company’s stock after selling 290,681 shares during the period. HighTower Advisors LLC owned approximately 0.06% of Invesco New York AMT-Free Municipal Bond ETF worth $7,334,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Passumpsic Savings Bank bought a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $768,000. Composition Wealth LLC boosted its holdings in shares of Invesco New York AMT-Free Municipal Bond ETF by 5.9% in the fourth quarter. Composition Wealth LLC now owns 134,464 shares of the company’s stock valued at $3,000,000 after acquiring an additional 7,437 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of Invesco New York AMT-Free Municipal Bond ETF by 25.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 31,004 shares of the company’s stock valued at $692,000 after acquiring an additional 6,359 shares in the last quarter. Valicenti Advisory Services Inc. bought a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $206,000. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Invesco New York AMT-Free Municipal Bond ETF by 16.6% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 277,144 shares of the company’s stock valued at $6,184,000 after acquiring an additional 39,534 shares in the last quarter.

Invesco New York AMT-Free Municipal Bond ETF Stock Performance

Shares of NYSEARCA:PZT opened at $22.31 on Wednesday. Invesco New York AMT-Free Municipal Bond ETF has a 1-year low of $21.10 and a 1-year high of $22.71. The company has a 50 day moving average price of $22.29 and a 200 day moving average price of $22.36.

About Invesco New York AMT-Free Municipal Bond ETF

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.