Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Short Interest Up 133.5% in July

by · The Cerbat Gem

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ – Get Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 204,301 shares, a growth of 133.5% from the July 15th total of 87,494 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 258,223 shares, the short-interest ratio is presently 0.8 days.

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

NYSEARCA:PWZ traded down $0.06 during trading hours on Friday, reaching $24.15. 436,869 shares of the stock were exchanged, compared to its average volume of 230,637. Invesco California AMT-Free Municipal Bond ETF has a twelve month low of $22.97 and a twelve month high of $24.59. The firm has a 50 day moving average of $24.27 and a 200 day moving average of $24.23.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV increased its stake in 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 buying an additional 556,461 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 1.0% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,749,867 shares of the company’s stock worth $42,277,000 after buying an additional 17,061 shares during the last quarter. Bank of America Corp DE grew 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 acquiring an additional 96,820 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 4th quarter valued at about $17,820,000. Finally, Guggenheim Capital LLC grew its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 46.5% in the 4th quarter. Guggenheim Capital LLC now owns 654,313 shares of the company’s stock valued at $15,808,000 after acquiring an additional 207,769 shares in the last quarter.

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.

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