Invesco Municipal Income Opportunities Trust (NYSE:OIA) Stock Crosses Below 200-Day Moving Average – What’s Next?

Shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.47 and traded as low as $6.01. Invesco Municipal Income Opportunities Trust shares last traded at $6.03, with a volume of 53,770 shares changing hands.

Invesco Municipal Income Opportunities Trust Price Performance

The stock’s 50-day moving average price is $6.24 and its two-hundred day moving average price is $6.47.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.0291 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Friday, January 17th.

Institutional Trading of Invesco Municipal Income Opportunities Trust

A number of hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC raised its stake in Invesco Municipal Income Opportunities Trust by 32.3% during the third quarter. Farther Finance Advisors LLC now owns 91,432 shares of the investment management company’s stock valued at $627,000 after buying an additional 22,308 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Invesco Municipal Income Opportunities Trust by 19.0% during the third quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock valued at $439,000 after acquiring an additional 10,217 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the 2nd quarter worth about $278,000. RFG Advisory LLC boosted its stake in Invesco Municipal Income Opportunities Trust by 24.4% in the 4th quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company’s stock worth $241,000 after purchasing an additional 8,027 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at about $137,000. 12.57% of the stock is owned by institutional investors.

Invesco Municipal Income Opportunities Trust Company Profile

Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.