Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Strong Trading Volume – Still a Buy?

Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZGet Free Report) saw unusually-high trading volume on Wednesday . 333,401 shares changed hands during mid-day trading, an increase of 14% from the previous session’s volume of 291,560 shares.The stock last traded at $22.9850 and had previously closed at $22.93.

Invesco California AMT-Free Municipal Bond ETF Trading Up 0.5%

The company’s 50-day simple moving average is $23.84 and its 200 day simple moving average is $24.09.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

Several large investors have recently made changes to their positions in the stock. Citadel Advisors LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 2nd quarter valued at approximately $1,423,000. Corient Private Wealth LP acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the 2nd quarter worth approximately $409,000. Readystate Asset Management LP bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the second quarter worth approximately $288,000. Syon Capital LLC boosted its position in Invesco California AMT-Free Municipal Bond ETF by 2.2% during the second quarter. Syon Capital LLC now owns 1,231,692 shares of the company’s stock worth $30,189,000 after purchasing an additional 26,637 shares during the period. Finally, TD Waterhouse Canada Inc. bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the second quarter worth approximately $71,000.

Invesco California AMT-Free Municipal Bond ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco California AMT-Free Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco California AMT-Free Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.