Sax Wealth Advisors LLC Invests $600,000 in Invesco National AMT-Free Municipal Bond ETF $PZA

Sax Wealth Advisors LLC bought a new stake in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) in the 2nd quarter, Holdings Channel.com reports. The firm bought 26,126 shares of the company’s stock, valued at approximately $600,000.

A number of other large investors have also recently made changes to their positions in PZA. Concurrent Investment Advisors LLC grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 44.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 97,793 shares of the company’s stock worth $2,268,000 after acquiring an additional 29,962 shares during the last quarter. HighTower Advisors LLC increased its stake in Invesco National AMT-Free Municipal Bond ETF by 72.6% in the fourth quarter. HighTower Advisors LLC now owns 53,778 shares of the company’s stock valued at $1,247,000 after purchasing an additional 22,628 shares during the period. Quadrant Private Wealth Management LLC increased its stake in Invesco National AMT-Free Municipal Bond ETF by 61.9% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 59,773 shares of the company’s stock valued at $1,386,000 after purchasing an additional 22,856 shares during the period. Allworth Financial LP raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 8.4% in the fourth quarter. Allworth Financial LP now owns 492,908 shares of the company’s stock valued at $11,431,000 after buying an additional 38,146 shares during the last quarter. Finally, Composition Wealth LLC grew its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 10.2% during the fourth quarter. Composition Wealth LLC now owns 1,394,378 shares of the company’s stock worth $32,336,000 after buying an additional 129,129 shares during the last quarter.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

Shares of PZA stock opened at $23.04 on Tuesday. The stock’s 50-day moving average price is $23.28 and its 200 day moving average price is $23.26. Invesco National AMT-Free Municipal Bond ETF has a 52-week low of $22.03 and a 52-week high of $23.63.

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.