Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Update

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 18,630 shares, a decrease of 47.8% from the June 30th total of 35,714 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 26,744 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Invesco New York AMT-Free Municipal Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Passumpsic Savings Bank acquired a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the fourth quarter valued at about $768,000. Osaic Holdings Inc. raised its stake in shares of Invesco New York AMT-Free Municipal Bond ETF by 12.3% in the fourth quarter. Osaic Holdings Inc. now owns 25,033 shares of the company’s stock valued at $559,000 after acquiring an additional 2,741 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Invesco New York AMT-Free Municipal Bond ETF in the 3rd quarter valued at about $546,000. Goldman Sachs Group Inc. acquired a new stake in Invesco New York AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $467,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 42.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,752 shares of the company’s stock worth $254,000 after purchasing an additional 3,492 shares during the last quarter.

Invesco New York AMT-Free Municipal Bond ETF Stock Up 0.3%

NYSEARCA:PZT traded up $0.07 during trading hours on Wednesday, hitting $22.22. The company had a trading volume of 8,484 shares, compared to its average volume of 26,610. Invesco New York AMT-Free Municipal Bond ETF has a 1 year low of $21.19 and a 1 year high of $22.75. The company has a 50-day moving average of $22.48 and a 200 day moving average of $22.40.

Invesco New York AMT-Free Municipal Bond ETF Company Profile

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.