Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Reaches New 52-Week Low – What’s Next?

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) reached a new 52-week low on Tuesday . The stock traded as low as $22.99 and last traded at $22.9960, with a volume of 193337 shares trading hands. The stock had previously closed at $23.03.

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

The company has a fifty day moving average price of $23.93 and a 200-day moving average price of $24.12.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

Several hedge funds have recently made changes to their positions in PWZ. Citadel Advisors LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter valued at approximately $1,423,000. Corient Private Wealth LP purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the second quarter worth $409,000. Readystate Asset Management LP purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the second quarter worth $288,000. Syon Capital LLC increased its position in Invesco California AMT-Free Municipal Bond ETF by 2.2% during the second quarter. Syon Capital LLC now owns 1,231,692 shares of the company’s stock valued at $30,189,000 after acquiring an additional 26,637 shares during the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at $71,000.

Invesco California AMT-Free Municipal Bond ETF Company Profile

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.