Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 1,643,475 shares were traded during trading, an increase of 751% from the previous session’s volume of 193,221 shares.The stock last traded at $26.34 and had previously closed at $26.34.
Invesco Taxable Municipal Bond ETF Trading Up 0.7%
The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of -202.23 and a beta of 0.29. The business’s fifty day moving average price is $26.61 and its 200 day moving average price is $26.87.
Hedge Funds Weigh In On Invesco Taxable Municipal Bond ETF
A number of large investors have recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors purchased a new position in shares of Invesco Taxable Municipal Bond ETF during the 4th quarter worth approximately $26,000. Root Financial Partners LLC acquired a new stake in shares of Invesco Taxable Municipal Bond ETF in the fourth quarter valued at approximately $32,000. Chapman Financial Group LLC acquired a new stake in Invesco Taxable Municipal Bond ETF during the 2nd quarter valued at $42,000. Western Wealth Management LLC purchased a new stake in shares of Invesco Taxable Municipal Bond ETF in the first quarter valued at $78,000. Finally, IFP Advisors Inc boosted its stake in shares of Invesco Taxable Municipal Bond ETF by 26.6% during the fourth quarter. IFP Advisors Inc now owns 3,508 shares of the company’s stock valued at $95,000 after acquiring an additional 736 shares during the last quarter.
Invesco Taxable Municipal Bond ETF Company Profile
PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.
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