Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Strong Trading Volume – Time to Buy?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZAGet Free Report) saw strong trading volume on Friday . 3,522,952 shares changed hands during mid-day trading, an increase of 126% from the previous session’s volume of 1,562,160 shares.The stock last traded at $22.1650 and had previously closed at $22.06.

Invesco National AMT-Free Municipal Bond ETF Price Performance

The business’s 50-day moving average price is $22.91 and its 200 day moving average price is $23.15.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PZA. NewEdge Wealth LLC raised its position in Invesco National AMT-Free Municipal Bond ETF by 4.5% in the 4th quarter. NewEdge Wealth LLC now owns 10,069 shares of the company’s stock worth $234,000 after purchasing an additional 430 shares during the period. J.W. Cole Advisors Inc. grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 2.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 22,216 shares of the company’s stock valued at $515,000 after buying an additional 456 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 7.9% during the fourth quarter. Aptus Capital Advisors LLC now owns 6,649 shares of the company’s stock valued at $154,000 after buying an additional 488 shares during the last quarter. Blair William & Co. IL raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 38.5% in the fourth quarter. Blair William & Co. IL now owns 2,058 shares of the company’s stock worth $48,000 after buying an additional 572 shares during the period. Finally, Harbour Investments Inc. raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 5.2% in the fourth quarter. Harbour Investments Inc. now owns 11,576 shares of the company’s stock worth $268,000 after buying an additional 574 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Company Profile

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The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.

Further Reading

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