Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Large Volume Increase – Here’s What Happened

by · The Markets Daily

Shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 5,900,287 shares traded hands during trading, an increase of 404% from the previous session’s volume of 1,169,610 shares.The stock last traded at $23.3250 and had previously closed at $23.32.

Invesco National AMT-Free Municipal Bond ETF Stock Down 0.0%

The firm’s 50-day simple moving average is $23.25 and its 200-day simple moving average is $22.85.

Hedge Funds Weigh In On Invesco National AMT-Free Municipal Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its holdings in Invesco National AMT-Free Municipal Bond ETF by 11.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 6,901 shares of the company’s stock valued at $155,000 after purchasing an additional 682 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the third quarter worth $502,000. Flow Traders U.S. LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the second quarter valued at $586,000. Ascent Group LLC bought a new stake in Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter worth about $734,000. Finally, IFP Advisors Inc increased its position in Invesco National AMT-Free Municipal Bond ETF by 696.3% in the 2nd quarter. IFP Advisors Inc now owns 3,822 shares of the company’s stock valued at $86,000 after acquiring an additional 3,342 shares in the last quarter.

About Invesco National AMT-Free Municipal Bond ETF

(Get Free Report)

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.

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