Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Unusually-High Trading Volume – Time to Buy?

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 304,630 shares changed hands during mid-day trading, an increase of 69% from the previous session’s volume of 180,665 shares.The stock last traded at $24.70 and had previously closed at $24.92.

Invesco California AMT-Free Municipal Bond ETF Stock Down 0.8 %

The business’s fifty day moving average is $24.97 and its 200 day moving average is $24.85.

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

A number of hedge funds have recently modified their holdings of the stock. Larson Financial Group LLC purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter worth approximately $41,000. Bristlecone Advisors LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the 3rd quarter worth approximately $78,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter worth approximately $89,000. Comerica Bank raised its stake in Invesco California AMT-Free Municipal Bond ETF by 63.7% during the 1st quarter. Comerica Bank now owns 6,668 shares of the company’s stock valued at $166,000 after purchasing an additional 2,594 shares during the period. Finally, Atomi Financial Group Inc. purchased a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the third quarter valued at $202,000.

About Invesco California AMT-Free Municipal Bond ETF

(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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