Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Large Volume Increase – Here’s What Happened

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) shares saw unusually-high trading volume on Tuesday . Approximately 3,094,159 shares were traded during mid-day trading, an increase of 180% from the previous session’s volume of 1,103,314 shares.The stock last traded at $22.44 and had previously closed at $22.36.

Invesco National AMT-Free Municipal Bond ETF Price Performance

The company has a 50 day moving average of $22.66 and a 200 day moving average of $23.32.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF during the first quarter worth about $45,000. Private Trust Co. NA increased its stake in Invesco National AMT-Free Municipal Bond ETF by 66.7% during the first quarter. Private Trust Co. NA now owns 2,232 shares of the company’s stock worth $51,000 after acquiring an additional 893 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF during the fourth quarter worth about $52,000. Proathlete Wealth Management LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the first quarter valued at about $55,000. Finally, IMG Wealth Management Inc. acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the first quarter valued at about $59,000.

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.