HighTower Advisors LLC Increases Position in Invesco California AMT-Free Municipal Bond ETF $PWZ

HighTower Advisors LLC increased its stake in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 8.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,990 shares of the company’s stock after purchasing an additional 5,088 shares during the quarter. HighTower Advisors LLC owned 0.22% of Invesco California AMT-Free Municipal Bond ETF worth $1,478,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PWZ. Envestnet Asset Management Inc. grew its stake in Invesco California AMT-Free Municipal Bond ETF by 14.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,426,565 shares of the company’s stock valued at $34,024,000 after acquiring an additional 182,810 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Invesco California AMT-Free Municipal Bond ETF by 10.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 52,247 shares of the company’s stock valued at $1,246,000 after acquiring an additional 5,026 shares during the last quarter. Cetera Investment Advisers acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the 1st quarter valued at about $466,000. Comerica Bank grew its stake in Invesco California AMT-Free Municipal Bond ETF by 31.8% in the 4th quarter. Comerica Bank now owns 8,395 shares of the company’s stock valued at $207,000 after acquiring an additional 2,027 shares during the last quarter. Finally, Stifel Financial Corp grew its stake in Invesco California AMT-Free Municipal Bond ETF by 3.5% in the 4th quarter. Stifel Financial Corp now owns 18,003 shares of the company’s stock valued at $445,000 after acquiring an additional 615 shares during the last quarter.

Invesco California AMT-Free Municipal Bond ETF Price Performance

Shares of NYSEARCA PWZ opened at $23.05 on Tuesday. Invesco California AMT-Free Municipal Bond ETF has a 52 week low of $22.23 and a 52 week high of $25.49. The company’s 50-day moving average price is $23.10 and its 200 day moving average price is $23.52.

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.