Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $21.90 and traded as high as $22.02. Invesco National AMT-Free Municipal Bond ETF shares last traded at $22.02, with a volume of 2,793,553 shares.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

The company has a fifty day simple moving average of $21.90 and a 200-day simple moving average of $22.91.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PZA. Bank of America Corp DE lifted 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco National AMT-Free Municipal Bond ETF by 9.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,299,957 shares of the company’s stock worth $124,655,000 after purchasing an additional 455,430 shares during the period. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter worth about $94,762,000. Bank of New York Mellon Corp grew its stake in Invesco National AMT-Free Municipal Bond ETF by 11.2% during the 1st quarter. Bank of New York Mellon Corp now owns 2,741,415 shares of the company’s stock valued at $62,998,000 after acquiring an additional 275,544 shares in the last quarter. Finally, Sofi Wealth LLC grew its stake in Invesco National AMT-Free Municipal Bond ETF by 312.8% during the 1st quarter. Sofi Wealth LLC now owns 1,983,286 shares of the company’s stock valued at $45,576,000 after acquiring an additional 1,502,814 shares in 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.