Invesco Municipal Income Opportunities Trust (NYSE:OIA) Stock Crosses Above Fifty Day Moving Average of $6.26

Invesco Municipal Income Opportunities Trust (NYSE:OIAGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.26 and traded as high as $6.35. Invesco Municipal Income Opportunities Trust shares last traded at $6.33, with a volume of 49,144 shares changing hands.

Invesco Municipal Income Opportunities Trust Trading Up 0.2 %

The business has a fifty day simple moving average of $6.26 and a 200 day simple moving average of $6.33.

Invesco Municipal Income Opportunities Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 18th will be issued a $0.0291 dividend. The ex-dividend date is Tuesday, June 18th. This represents a $0.35 annualized dividend and a dividend yield of 5.52%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the first quarter worth $153,000. Avantax Advisory Services Inc. purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the first quarter worth $111,000. Phoenix Wealth Advisors purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the first quarter worth $80,000. RFG Advisory LLC boosted its position in shares of Invesco Municipal Income Opportunities Trust by 32.4% during the first quarter. RFG Advisory LLC now owns 23,757 shares of the investment management company’s stock worth $155,000 after buying an additional 5,811 shares during the period. Finally, Nomura Holdings Inc. purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth $114,000. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

About Invesco Municipal Income Opportunities Trust

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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.

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