Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Shares Sold by First Foundation Advisors

First Foundation Advisors decreased its holdings in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 7.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,558,333 shares of the company’s stock after selling 123,722 shares during the quarter. Invesco California AMT-Free Municipal Bond ETF comprises approximately 1.5% of First Foundation Advisors’ portfolio, making the stock its 13th biggest holding. First Foundation Advisors owned about 4.52% of Invesco California AMT-Free Municipal Bond ETF worth $38,444,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PWZ. Laurel Wealth Planning LLC lifted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 14.3% in the fourth quarter. Laurel Wealth Planning LLC now owns 10,224 shares of the company’s stock valued at $255,000 after purchasing an additional 1,276 shares during the period. Wells Fargo & Company MN lifted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 116.4% during the 4th quarter. Wells Fargo & Company MN now owns 713,770 shares of the company’s stock valued at $17,830,000 after acquiring an additional 383,994 shares during the period. Journey Strategic Wealth LLC purchased a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $1,681,000. Tidemark LLC acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the 4th quarter worth approximately $29,000. Finally, Avantax Planning Partners Inc. increased its stake in Invesco California AMT-Free Municipal Bond ETF by 117.6% in the 4th quarter. Avantax Planning Partners Inc. now owns 26,746 shares of the company’s stock valued at $668,000 after purchasing an additional 14,456 shares in the last quarter.

Invesco California AMT-Free Municipal Bond ETF Trading Up 0.5 %

PWZ opened at $25.12 on Monday. Invesco California AMT-Free Municipal Bond ETF has a one year low of $22.57 and a one year high of $25.32. The business’s fifty day moving average is $24.88 and its two-hundred day moving average is $24.79.

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.