Ameriprise Financial Inc. Acquires 25,208 Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Ameriprise Financial Inc. lifted its position in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 432,446 shares of the company’s stock after purchasing an additional 25,208 shares during the quarter. Ameriprise Financial Inc. owned 1.26% of Invesco California AMT-Free Municipal Bond ETF worth $10,681,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp boosted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 3.5% during the fourth quarter. Stifel Financial Corp now owns 18,003 shares of the company’s stock worth $445,000 after purchasing an additional 615 shares in the last quarter. Bristlecone Advisors LLC raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 32.3% during the fourth quarter. Bristlecone Advisors LLC now owns 4,100 shares of the company’s stock worth $101,000 after acquiring an additional 1,000 shares during the period. Townsquare Capital LLC raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 9.8% during the fourth quarter. Townsquare Capital LLC now owns 20,781 shares of the company’s stock worth $513,000 after acquiring an additional 1,850 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth $47,000. Finally, Comerica Bank raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 31.8% during the fourth quarter. Comerica Bank now owns 8,395 shares of the company’s stock worth $207,000 after acquiring an additional 2,027 shares during the period.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

Shares of NYSEARCA:PWZ opened at $23.43 on Tuesday. Invesco California AMT-Free Municipal Bond ETF has a 12 month low of $22.23 and a 12 month high of $25.49. The company’s fifty day simple moving average is $23.55 and its 200 day simple moving average is $24.29.

Invesco California AMT-Free Municipal Bond ETF Profile

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.