Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Sees Large Volume Increase

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) shares saw strong trading volume on Friday . 196,756 shares traded hands during trading, an increase of 80% from the previous session’s volume of 109,540 shares.The stock last traded at $24.11 and had previously closed at $24.11.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

The business’s 50-day simple moving average is $24.40 and its two-hundred day simple moving average is $24.53.

Institutional Investors Weigh In On Invesco California AMT-Free Municipal Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Orion Portfolio Solutions LLC increased its position in shares of Invesco California AMT-Free Municipal Bond ETF by 123.8% during the second quarter. Orion Portfolio Solutions LLC now owns 202,431 shares of the company’s stock valued at $4,988,000 after acquiring an additional 111,963 shares during the last quarter. Wealthsource Partners LLC increased its position in shares of Invesco California AMT-Free Municipal Bond ETF by 1.5% during the second quarter. Wealthsource Partners LLC now owns 89,293 shares of the company’s stock valued at $2,200,000 after acquiring an additional 1,343 shares during the last quarter. First Foundation Advisors increased its position in shares of Invesco California AMT-Free Municipal Bond ETF by 6,180.3% during the second quarter. First Foundation Advisors now owns 650,204 shares of the company’s stock valued at $16,021,000 after acquiring an additional 639,851 shares during the last quarter. Cerity Partners LLC increased its position in shares of Invesco California AMT-Free Municipal Bond ETF by 106.6% during the second quarter. Cerity Partners LLC now owns 24,752 shares of the company’s stock valued at $610,000 after acquiring an additional 12,772 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of Invesco California AMT-Free Municipal Bond ETF by 40.9% during the second quarter. Ameritas Investment Partners Inc. now owns 10,856 shares of the company’s stock valued at $267,000 after acquiring an additional 3,150 shares during 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.