Invesco California AMT-Free Municipal Bond ETF $PWZ Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC trimmed its holdings in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 5.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 17,410,759 shares of the company’s stock after selling 1,024,382 shares during the period. Invesco California AMT-Free Municipal Bond ETF accounts for approximately 0.9% of Wealthfront Advisers LLC’s portfolio, making the stock its 20th largest position. Wealthfront Advisers LLC owned about 0.39% of Invesco California AMT-Free Municipal Bond ETF worth $415,595,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Mercer Global Advisors Inc. ADV grew its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 24.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,795,200 shares of the company’s stock worth $67,532,000 after buying an additional 556,461 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in Invesco California AMT-Free Municipal Bond ETF by 1.0% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,749,867 shares of the company’s stock valued at $42,277,000 after acquiring an additional 17,061 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in Invesco California AMT-Free Municipal Bond ETF by 1.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 1,317,528 shares of the company’s stock valued at $31,831,000 after acquiring an additional 14,616 shares during the last quarter. Bank of America Corp DE lifted its position in Invesco California AMT-Free Municipal Bond ETF by 41.0% during the 3rd quarter. Bank of America Corp DE now owns 985,000 shares of the company’s stock worth $23,561,000 after acquiring an additional 286,187 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $17,820,000.

Invesco California AMT-Free Municipal Bond ETF Price Performance

NYSEARCA:PWZ opened at $24.36 on Thursday. Invesco California AMT-Free Municipal Bond ETF has a 12-month low of $22.75 and a 12-month high of $24.59. The stock’s 50 day simple moving average is $24.31 and its 200-day simple moving average is $24.25.

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.