Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Unusually-High Trading Volume – Should You Buy?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZAGet Free Report) saw an uptick in trading volume on Thursday . 2,704,580 shares traded hands during trading, an increase of 82% from the previous session’s volume of 1,487,516 shares.The stock last traded at $22.80 and had previously closed at $23.04.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

The business has a 50-day moving average of $23.32 and a two-hundred day moving average of $23.29.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

A number of institutional investors have recently modified their holdings of PZA. Blair William & Co. IL grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 795.2% in the 3rd quarter. Blair William & Co. IL now owns 1,486 shares of the company’s stock worth $34,000 after buying an additional 1,320 shares during the last quarter. Coston McIsaac & Partners purchased a new stake in Invesco National AMT-Free Municipal Bond ETF during the fourth quarter valued at approximately $40,000. Centennial Bank AR boosted its stake in Invesco National AMT-Free Municipal Bond ETF by 204.3% in the fourth quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock valued at $47,000 after acquiring an additional 1,363 shares in the last quarter. Kingdom Financial Group LLC. acquired a new stake in Invesco National AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $101,000. Finally, Western Wealth Management LLC purchased a new position in Invesco National AMT-Free Municipal Bond ETF in the first quarter worth $109,000.

Invesco National AMT-Free Municipal Bond ETF Company Profile

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The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.

Further Reading

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