Invesco Municipal Income Opportunities Trust (NYSE:OIA) Share Price Passes Below Two Hundred Day Moving Average of $6.16

Invesco Municipal Income Opportunities Trust (NYSE:OIA)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.16 and traded as low as $6.13. Invesco Municipal Income Opportunities Trust shares last traded at $6.13, with a volume of 99,436 shares changing hands.

Invesco Municipal Income Opportunities Trust Trading Down 0.3 %

The stock’s fifty day moving average price is $6.37 and its two-hundred day moving average price is $6.16.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be issued a $0.0291 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date of this dividend is Monday, April 15th.

Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust

Institutional investors have recently modified their holdings of the business. Kestra Private Wealth Services LLC bought a new position in Invesco Municipal Income Opportunities Trust in the fourth quarter valued at about $67,000. Fortitude Advisory Group L.L.C. bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at approximately $86,000. Modera Wealth Management LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at approximately $92,000. Genesee Capital Advisors LLC acquired a new position in Invesco Municipal Income Opportunities Trust during the 4th quarter worth approximately $113,000. Finally, B. Riley Wealth Advisors Inc. boosted its position in Invesco Municipal Income Opportunities Trust by 24.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,557 shares of the investment management company’s stock valued at $114,000 after buying an additional 3,900 shares in the last quarter. Institutional investors and hedge funds own 12.57% of the company’s stock.

About Invesco Municipal Income Opportunities Trust

Invesco Municipal Income Opportunities 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.