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

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) saw unusually-strong trading volume on Friday . Approximately 3,522,952 shares traded hands during mid-day trading, an increase of 126% from the previous session’s volume of 1,562,160 shares.The stock last traded at $22.1650 and had previously closed at $22.06.

Invesco National AMT-Free Municipal Bond ETF Price Performance

The business’s 50-day simple moving average is $22.94 and its two-hundred day simple moving average is $23.15.

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

A number of large investors have recently bought and sold shares of PZA. Capital Analysts LLC grew its holdings in Invesco National AMT-Free Municipal Bond ETF by 21.3% in the second quarter. Capital Analysts LLC now owns 16,139 shares of the company’s stock valued at $379,000 after purchasing an additional 2,831 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 46.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 381,848 shares of the company’s stock worth $8,981,000 after buying an additional 121,104 shares during the period. NewEdge Advisors LLC lifted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 16.0% during the 2nd quarter. NewEdge Advisors LLC now owns 724,358 shares of the company’s stock valued at $17,037,000 after buying an additional 100,034 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 35.3% during the 2nd quarter. IFP Advisors Inc now owns 37,264 shares of the company’s stock valued at $876,000 after buying an additional 9,724 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 0.6% during the 2nd quarter. Allworth Financial LP now owns 534,858 shares of the company’s stock valued at $12,580,000 after buying an additional 3,273 shares in the last quarter.

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.