Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)’s share price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $21.90 and traded as high as $22.02. Invesco National AMT-Free Municipal Bond ETF shares last traded at $22.02, with a volume of 2,793,553 shares trading hands.

Invesco National AMT-Free Municipal Bond ETF Price Performance

The business has a 50-day simple moving average of $21.90 and a two-hundred day simple moving average of $22.91.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PZA. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter worth $80,000. Latitude Advisors LLC acquired a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the 3rd quarter worth $99,000. Western Wealth Management LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the first quarter worth $109,000. IMG Wealth Management Inc. raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 94.0% during the first quarter. IMG Wealth Management Inc. now owns 5,152 shares of the company’s stock worth $118,000 after purchasing an additional 2,496 shares during the period. Finally, International Assets Investment Management LLC raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 826.7% during the first quarter. International Assets Investment Management LLC now owns 5,449 shares of the company’s stock worth $126,000 after purchasing 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.