Short Interest in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Rises By 130.8%

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 173,585 shares, a growth of 130.8% from the May 14th total of 75,199 shares. Based on an average daily trading volume, of 289,518 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s shares are sold short.

Invesco California AMT-Free Municipal Bond ETF Trading Down 0.2%

Shares of PWZ opened at $24.34 on Friday. Invesco California AMT-Free Municipal Bond ETF has a 1-year low of $22.75 and a 1-year high of $24.59. The company has a 50-day moving average of $24.21 and a 200 day moving average of $24.21.

Institutional Investors Weigh In On Invesco California AMT-Free Municipal Bond ETF

Several large investors have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 24.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,795,200 shares of the company’s stock valued at $67,532,000 after purchasing an additional 556,461 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 1.0% in 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 purchasing an additional 17,061 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 1.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 1,317,528 shares of the company’s stock valued at $31,831,000 after purchasing an additional 14,616 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 10.1% in the 1st quarter. Bank of America Corp DE now owns 1,053,233 shares of the company’s stock valued at $25,141,000 after purchasing an additional 96,820 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the 4th quarter valued at about $17,820,000.

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.