Invesco Municipal Income Opportunities Trust (NYSE:OIA) Shares Cross Below 200 Day Moving Average – Should You Sell?

Invesco Municipal Income Opportunities Trust (NYSE:OIA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.48 and traded as low as $5.94. Invesco Municipal Income Opportunities Trust shares last traded at $5.95, with a volume of 347,600 shares.

Invesco Municipal Income Opportunities Trust Price Performance

The stock has a 50 day moving average of $6.32 and a 200 day moving average of $6.48.

Invesco Municipal Income Opportunities Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be given a dividend of $0.0291 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.35 annualized dividend and a yield of 5.87%.

Institutional Trading of Invesco Municipal Income Opportunities Trust

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at about $72,000. Creekside Partners purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the 2nd quarter worth approximately $95,000. Horizon Kinetics Asset Management LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust in the 3rd quarter worth approximately $137,000. Sanctuary Advisors LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the 2nd quarter valued at approximately $278,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Invesco Municipal Income Opportunities Trust by 19.0% during the third quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock valued at $439,000 after purchasing an additional 10,217 shares in the last quarter. Institutional investors own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Company Profile

Invesco Municipal Income Opportunities 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.