Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Strong Trading Volume – Time to Buy?

Shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) saw an uptick in trading volume on Thursday. 5,025,068 shares changed hands during mid-day trading, an increase of 168% from the previous session’s volume of 1,873,791 shares. The stock last traded at $21.1130 and had previously closed at $21.15.

Invesco National AMT-Free Municipal Bond ETF Trading Down 0.2%

The firm’s fifty day moving average is $22.34 and its two-hundred day moving average is $22.92.

Hedge Funds Weigh In On Invesco National AMT-Free Municipal Bond ETF

Several institutional investors have recently modified their holdings of PZA. Centennial Bank AR boosted its position in Invesco National AMT-Free Municipal Bond ETF by 204.3% in the fourth quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock worth $47,000 after purchasing an additional 1,363 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter valued at $80,000. Western Wealth Management LLC purchased a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the 1st quarter valued at $109,000. IMG Wealth Management Inc. raised its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 94.0% during the 1st quarter. IMG Wealth Management Inc. now owns 5,152 shares of the company’s stock worth $118,000 after purchasing an additional 2,496 shares during the period. Finally, International Assets Investment Management LLC raised its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 826.7% during the 1st quarter. International Assets Investment Management LLC now owns 5,449 shares of the company’s stock worth $126,000 after purchasing an additional 4,861 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Company Profile

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.