Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 164,461 shares, a drop of 57.8% from the September 30th total of 389,424 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 4,962,795 shares, the short-interest ratio is presently 0.0 days.
Invesco National AMT-Free Municipal Bond ETF Trading Up 0.8%
Shares of NYSEARCA PZA traded up $0.18 during midday trading on Friday, reaching $22.02. 2,793,553 shares of the stock were exchanged, compared to its average volume of 2,025,950. The business has a 50-day simple moving average of $21.90 and a two-hundred day simple moving average of $22.91. Invesco National AMT-Free Municipal Bond ETF has a 12 month low of $21.07 and a 12 month high of $23.63.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 5.7% during the 1st quarter. Bank of America Corp DE now owns 55,154,071 shares of the company’s stock valued at $1,267,441,000 after purchasing an additional 2,967,775 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Invesco National AMT-Free Municipal Bond ETF by 9.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,299,957 shares of the company’s stock worth $124,655,000 after purchasing an additional 455,430 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter worth approximately $94,762,000. Bank of New York Mellon Corp raised its holdings in Invesco National AMT-Free Municipal Bond ETF by 11.2% during the 1st quarter. Bank of New York Mellon Corp now owns 2,741,415 shares of the company’s stock worth $62,998,000 after buying an additional 275,544 shares during the period. Finally, Sofi Wealth LLC raised its holdings in Invesco National AMT-Free Municipal Bond ETF by 312.8% during the 1st quarter. Sofi Wealth LLC now owns 1,983,286 shares of the company’s stock worth $45,576,000 after buying an additional 1,502,814 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.
Further Reading
- Five stocks we like better than Invesco National AMT-Free Municipal Bond ETF
- Starbucks Says Its Turnaround Is DoneāThe Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for Invesco National AMT-Free Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco National AMT-Free Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
