Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Strong Trading Volume – Here’s Why

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) shares saw strong trading volume on Monday . 249,617 shares were traded during trading, an increase of 19% from the previous session’s volume of 209,862 shares.The stock last traded at $23.34 and had previously closed at $23.47.

Invesco California AMT-Free Municipal Bond ETF Stock Down 0.6%

The company has a fifty day moving average price of $23.53 and a two-hundred day moving average price of $24.28.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. bought a new position in Invesco California AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $37,000. Golden State Wealth Management LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF in the 4th quarter worth about $47,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 4th quarter worth $74,000. Bristlecone Advisors LLC boosted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 32.3% in the 4th quarter. Bristlecone Advisors LLC now owns 4,100 shares of the company’s stock worth $101,000 after buying an additional 1,000 shares during the last quarter. Finally, Spinnaker Investment Group LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF in the fourth quarter worth approximately $201,000.

Invesco California AMT-Free Municipal Bond ETF Company Profile

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.