Advisory Alpha LLC Cuts Position in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)

Advisory Alpha LLC reduced its position in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 35.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,484 shares of the company’s stock after selling 19,412 shares during the period. Advisory Alpha LLC’s holdings in Invesco National AMT-Free Municipal Bond ETF were worth $846,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of PZA. Private Trust Co. NA acquired a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the fourth quarter worth about $34,000. Fifth Third Bancorp acquired a new position in Invesco National AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $44,000. Blue Trust Inc. lifted its position in Invesco National AMT-Free Municipal Bond ETF by 203,500.0% during the 4th quarter. Blue Trust Inc. now owns 2,036 shares of the company’s stock worth $45,000 after acquiring an additional 2,035 shares in the last quarter. Parkside Financial Bank & Trust purchased a new position in Invesco National AMT-Free Municipal Bond ETF in the 4th quarter worth approximately $85,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $147,000.

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

Shares of PZA traded up $0.04 during mid-day trading on Friday, reaching $23.92. 20,044 shares of the stock traded hands, compared to its average volume of 706,881. The stock has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $23.80. Invesco National AMT-Free Municipal Bond ETF has a 12-month low of $21.69 and a 12-month high of $24.28.

Invesco National AMT-Free Municipal Bond ETF 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.