Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Strong Trading Volume

Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) saw an uptick in trading volume on Friday . 180,083 shares were traded during trading, an increase of 32% from the previous session’s volume of 136,318 shares.The stock last traded at $24.61 and had previously closed at $24.59.

Invesco California AMT-Free Municipal Bond ETF Stock Up 0.2 %

The firm has a fifty day moving average price of $24.88 and a 200 day moving average price of $24.44.

Institutional Investors Weigh In On Invesco California AMT-Free Municipal Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of PWZ. Charles Schwab Investment Advisory Inc. lifted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 51.4% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 13,682,286 shares of the company’s stock valued at $321,123,000 after buying an additional 4,647,696 shares during the last quarter. Jane Street Group LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF during the 4th quarter valued at $34,124,000. EP Wealth Advisors LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth $19,874,000. Miracle Mile Advisors LLC increased its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 89.1% in the first quarter. Miracle Mile Advisors LLC now owns 1,594,403 shares of the company’s stock valued at $39,653,000 after purchasing an additional 751,268 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Invesco California AMT-Free Municipal Bond ETF by 20,304.5% in the third quarter. JPMorgan Chase & Co. now owns 542,352 shares of the company’s stock valued at $12,729,000 after purchasing an additional 539,694 shares during the period.

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.