JFS Wealth Advisors LLC Has $2.66 Million Stake in Invesco Quality Municipal Income Trust (NYSE:IQI)

JFS Wealth Advisors LLC raised its position in Invesco Quality Municipal Income Trust (NYSE:IQI) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 214,380 shares of the financial services provider’s stock after purchasing an additional 2,055 shares during the quarter. JFS Wealth Advisors LLC owned 0.41% of Invesco Quality Municipal Income Trust worth $2,663,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wedbush Securities Inc. increased its stake in Invesco Quality Municipal Income Trust by 194.9% in the 2nd quarter. Wedbush Securities Inc. now owns 52,352 shares of the financial services provider’s stock valued at $650,000 after buying an additional 34,600 shares during the last quarter. Creative Planning increased its stake in Invesco Quality Municipal Income Trust by 7.7% in the 2nd quarter. Creative Planning now owns 20,304 shares of the financial services provider’s stock valued at $252,000 after buying an additional 1,445 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in Invesco Quality Municipal Income Trust in the 2nd quarter valued at about $41,000. Robinson Capital Management LLC increased its stake in Invesco Quality Municipal Income Trust by 3.6% in the 2nd quarter. Robinson Capital Management LLC now owns 769,674 shares of the financial services provider’s stock valued at $9,636,000 after buying an additional 27,100 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Invesco Quality Municipal Income Trust by 28.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 47,743 shares of the financial services provider’s stock valued at $592,000 after buying an additional 10,690 shares during the last quarter. 13.79% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Invesco Quality Municipal Income Trust stock traded up $0.02 on Thursday, reaching $12.85. 1,500 shares of the company traded hands, compared to its average volume of 155,869. Invesco Quality Municipal Income Trust has a 52 week low of $11.03 and a 52 week high of $13.00. The company has a 50 day moving average of $12.72 and a 200 day moving average of $12.26.

About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.

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Institutional Ownership by Quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)

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