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 strong trading volume on Friday . Approximately 3,367,708 shares changed hands during trading, an increase of 106% from the previous session’s volume of 1,632,717 shares.The stock last traded at $21.9750 and had previously closed at $22.08.

Invesco National AMT-Free Municipal Bond ETF Price Performance

The company’s fifty day moving average is $22.80 and its 200 day moving average is $23.10.

Hedge Funds Weigh In On Invesco National AMT-Free Municipal Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Centennial Bank AR lifted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 204.3% during the fourth quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock worth $47,000 after purchasing an additional 1,363 shares in the last quarter. Kingdom Financial Group LLC. acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the fourth quarter valued at about $101,000. Western Wealth Management LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the first quarter valued at about $109,000. IMG Wealth Management Inc. raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 94.0% during the 1st quarter. IMG Wealth Management Inc. now owns 5,152 shares of the company’s stock valued at $118,000 after buying an additional 2,496 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 826.7% during the 1st quarter. International Assets Investment Management LLC now owns 5,449 shares of the company’s stock valued at $126,000 after buying an additional 4,861 shares during the period.

About Invesco National AMT-Free Municipal Bond ETF

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.