Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sets New 1-Year Low – Here’s Why

Shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) hit a new 52-week low during trading on Tuesday . The company traded as low as $22.03 and last traded at $22.0440, with a volume of 569147 shares traded. The stock had previously closed at $22.09.

Invesco National AMT-Free Municipal Bond ETF Trading Up 0.0%

The company’s fifty day moving average is $22.82 and its 200 day moving average is $23.11.

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

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 5.7% in the 1st quarter. Bank of America Corp DE now owns 55,154,071 shares of the company’s stock valued at $1,267,441,000 after acquiring an additional 2,967,775 shares during the period. Sofi Wealth LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 312.8% in the 1st quarter. Sofi Wealth LLC now owns 1,983,286 shares of the company’s stock valued at $45,576,000 after purchasing an additional 1,502,814 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 1,199.8% in the 1st quarter. NewEdge Advisors LLC now owns 624,324 shares of the company’s stock valued at $14,347,000 after purchasing an additional 576,292 shares during the period. Cetera Investment Advisers lifted its stake in Invesco National AMT-Free Municipal Bond ETF by 67.0% in the 1st quarter. Cetera Investment Advisers now owns 1,176,652 shares of the company’s stock valued at $27,039,000 after purchasing an additional 472,183 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Invesco National AMT-Free Municipal Bond ETF by 19.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,877,361 shares of the company’s stock valued at $43,536,000 after purchasing an additional 304,768 shares during the last quarter.

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.