Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Down 35.3% in August

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 4,992 shares, a decline of 35.3% from the July 30th total of 7,710 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 20,662 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco New York AMT-Free Municipal Bond ETF

A number of institutional investors have recently bought and sold shares of PZT. Sax Wealth Advisors LLC raised its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 3.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 43,231 shares of the company’s stock worth $954,000 after acquiring an additional 1,555 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Invesco New York AMT-Free Municipal Bond ETF by 12.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 353,654 shares of the company’s stock valued at $8,040,000 after purchasing an additional 38,969 shares during the period. Bank of America Corp DE boosted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 4.3% during the 1st quarter. Bank of America Corp DE now owns 172,864 shares of the company’s stock valued at $3,815,000 after purchasing an additional 7,143 shares in the last quarter. Mustico Financial Group Inc. boosted its position in shares of Invesco New York AMT-Free Municipal Bond ETF by 18.9% during the 1st quarter. Mustico Financial Group Inc. now owns 11,158 shares of the company’s stock valued at $250,000 after purchasing an additional 1,776 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Invesco New York AMT-Free Municipal Bond ETF by 4.1% during the first quarter. Cetera Investment Advisers now owns 49,531 shares of the company’s stock worth $1,093,000 after purchasing an additional 1,949 shares during the period.

Invesco New York AMT-Free Municipal Bond ETF Trading Down 1.3%

Shares of NYSEARCA:PZT traded down $0.29 during trading on Tuesday, reaching $21.59. The stock had a trading volume of 13,528 shares, compared to its average volume of 27,250. Invesco New York AMT-Free Municipal Bond ETF has a 52 week low of $21.29 and a 52 week high of $22.75. The firm’s fifty day moving average is $22.32 and its 200 day moving average is $22.37.

About Invesco New York AMT-Free Municipal Bond ETF

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.