Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Share Price Breaks Above Fifty Day Moving Average – What’s Next?

Shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $21.90 and traded as high as $22.02. Invesco National AMT-Free Municipal Bond ETF shares last traded at $22.02, with a volume of 2,793,553 shares changing hands.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

The business has a 50 day moving average price of $21.90 and a two-hundred day moving average price of $22.91.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

Institutional investors have recently bought and sold shares of the company. Financial Life Advisors boosted its position in Invesco National AMT-Free Municipal Bond ETF by 495.4% during the second quarter. Financial Life Advisors now owns 103,740 shares of the company’s stock valued at $2,440,000 after acquiring an additional 86,316 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in Invesco National AMT-Free Municipal Bond ETF by 35.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 223,380 shares of the company’s stock valued at $5,254,000 after acquiring an additional 58,052 shares during the period. Envestnet Asset Management Inc. lifted its position in Invesco National AMT-Free Municipal Bond ETF by 9.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,299,957 shares of the company’s stock valued at $124,655,000 after purchasing an additional 455,430 shares during the period. Elevation Point Wealth Partners LLC raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 211.3% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 178,527 shares of the company’s stock valued at $4,103,000 after purchasing an additional 121,187 shares during the period. Finally, Novem Group raised its position in Invesco National AMT-Free Municipal Bond ETF by 180.7% during the third quarter. Novem Group now owns 69,500 shares of the company’s stock valued at $1,487,000 after purchasing an additional 44,741 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Company Profile

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.