Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) shares saw unusually-strong trading volume on Thursday . 348,432 shares traded hands during mid-day trading, an increase of 60% from the previous session’s volume of 217,725 shares.The stock last traded at $23.85 and had previously closed at $24.07.

Invesco California AMT-Free Municipal Bond ETF Trading Down 0.8%

The company has a fifty day moving average price of $24.31 and a 200 day moving average price of $24.25.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

Large investors have recently added to or reduced their stakes in the business. Navalign LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the fourth quarter valued at about $27,000. Eclectic Associates Inc. ADV acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the 4th quarter valued at $202,000. Corient Private Wealth LLC acquired a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the 2nd quarter valued at $227,000. Blue Zone Wealth Advisors LLC acquired a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the fourth quarter worth about $229,000. Finally, GAMMA Investing LLC grew its position in Invesco California AMT-Free Municipal Bond ETF by 33.4% during the 4th quarter. GAMMA Investing LLC now owns 9,642 shares of the company’s stock worth $233,000 after purchasing an additional 2,412 shares in the last quarter.

About Invesco California AMT-Free Municipal Bond ETF

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.