Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Large Volume Increase – Here’s What Happened

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) shares saw unusually-high trading volume on Wednesday . Approximately 412,212 shares traded hands during mid-day trading, an increase of 34% from the previous session’s volume of 307,560 shares.The stock last traded at $22.8150 and had previously closed at $22.90.

Invesco California AMT-Free Municipal Bond ETF Stock Down 1.1%

The stock’s fifty day moving average is $23.75 and its 200-day moving average is $24.06.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PWZ. United Community Bank bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter valued at approximately $31,000. TD Waterhouse Canada Inc. acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter worth $71,000. Nwam LLC acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter worth $100,000. Greenspring Advisors LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF during the second quarter worth $104,000. Finally, Rothschild Capital Partners LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF during the second quarter worth $128,000.

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.