Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 147,162 shares, a decline of 72.6% from the September 30th total of 537,540 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 1,707,807 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Syon Capital LLC lifted its position in Invesco California AMT-Free Municipal Bond ETF by 2.2% in the second quarter. Syon Capital LLC now owns 1,231,692 shares of the company’s stock valued at $30,189,000 after purchasing an additional 26,637 shares during the period. Bank of America Corp DE increased its position in Invesco California AMT-Free Municipal Bond ETF by 10.1% during the 1st quarter. Bank of America Corp DE now owns 1,053,233 shares of the company’s stock worth $25,141,000 after purchasing an additional 96,820 shares during the period. Farther Finance Advisors LLC increased its position in Invesco California AMT-Free Municipal Bond ETF by 181.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 306,376 shares of the company’s stock worth $6,835,000 after purchasing an additional 197,688 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Invesco California AMT-Free Municipal Bond ETF by 2.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 296,330 shares of the company’s stock worth $3,713,000 after purchasing an additional 6,330 shares during the period. Finally, Affinity Capital Advisors LLC raised its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 46.4% during the 3rd quarter. Affinity Capital Advisors LLC now owns 180,526 shares of the company’s stock worth $4,019,000 after buying an additional 57,245 shares in the last quarter.
Invesco California AMT-Free Municipal Bond ETF Stock Down 0.1%
Invesco California AMT-Free Municipal Bond ETF stock traded down $0.02 during trading hours on Thursday, reaching $23.01. 485,176 shares of the stock were exchanged, compared to its average volume of 463,819. Invesco California AMT-Free Municipal Bond ETF has a 52-week low of $22.03 and a 52-week high of $24.59. The firm’s 50 day moving average is $22.94 and its 200 day moving average is $23.90.
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.
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