Financial Management Professionals Inc. purchased a new stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI – Free Report) during the 1st quarter, Holdings Channel reports. The fund purchased 5,000 shares of the financial services provider’s stock, valued at approximately $48,000.
Several other large investors have also made changes to their positions in IQI. Allspring Global Investments Holdings LLC lifted its stake in Invesco Quality Municipal Income Trust by 2,938.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 791,955 shares of the financial services provider’s stock valued at $7,531,000 after buying an additional 765,888 shares during the period. Raymond James & Associates lifted its stake in Invesco Quality Municipal Income Trust by 10.5% in the fourth quarter. Raymond James & Associates now owns 757,540 shares of the financial services provider’s stock valued at $7,204,000 after buying an additional 71,988 shares during the period. Van ECK Associates Corp lifted its stake in Invesco Quality Municipal Income Trust by 14.4% in the fourth quarter. Van ECK Associates Corp now owns 402,317 shares of the financial services provider’s stock valued at $3,826,000 after buying an additional 50,599 shares during the period. AQR Arbitrage LLC lifted its stake in Invesco Quality Municipal Income Trust by 80.3% in the third quarter. AQR Arbitrage LLC now owns 369,017 shares of the financial services provider’s stock valued at $3,096,000 after buying an additional 164,304 shares during the period. Finally, Robinson Capital Management LLC lifted its stake in Invesco Quality Municipal Income Trust by 94.5% in the fourth quarter. Robinson Capital Management LLC now owns 367,547 shares of the financial services provider’s stock valued at $3,499,000 after buying an additional 178,529 shares during the period.
Invesco Quality Municipal Income Trust Price Performance
NYSE:IQI opened at $9.92 on Friday. Invesco Quality Municipal Income Trust has a 1-year low of $8.05 and a 1-year high of $10.05. The business’s 50-day moving average price is $9.67 and its two-hundred day moving average price is $9.57.
Invesco Quality Municipal Income Trust Increases Dividend
About Invesco Quality Municipal Income Trust
Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.
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