Envestnet Asset Management Inc. Purchases 194,154 Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Envestnet Asset Management Inc. increased its position in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 30.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 834,585 shares of the company’s stock after buying an additional 194,154 shares during the period. Envestnet Asset Management Inc. owned 2.42% of Invesco California AMT-Free Municipal Bond ETF worth $20,589,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of PWZ. Werba Rubin Papier Wealth Management bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 2nd quarter worth about $534,000. Mattern Capital Management LLC grew its stake in Invesco California AMT-Free Municipal Bond ETF by 4.4% during the second quarter. Mattern Capital Management LLC now owns 24,231 shares of the company’s stock worth $598,000 after purchasing an additional 1,029 shares during the period. Larson Financial Group LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF in the second quarter worth approximately $41,000. Commonwealth Equity Services LLC lifted its stake in Invesco California AMT-Free Municipal Bond ETF by 77.1% in the second quarter. Commonwealth Equity Services LLC now owns 41,663 shares of the company’s stock valued at $1,028,000 after buying an additional 18,135 shares during the period. Finally, Lodestar Private Asset Management LLC boosted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 4.9% during the 2nd quarter. Lodestar Private Asset Management LLC now owns 64,963 shares of the company’s stock worth $1,603,000 after buying an additional 3,062 shares in the last quarter.

Invesco California AMT-Free Municipal Bond ETF Price Performance

Shares of PWZ stock opened at $25.25 on Monday. The firm has a 50 day moving average of $24.95 and a 200-day moving average of $24.80. Invesco California AMT-Free Municipal Bond ETF has a 52 week low of $22.57 and a 52 week high of $25.32.

About Invesco California AMT-Free Municipal Bond ETF

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.