Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Large Volume Increase – Time to Buy?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) shares saw strong trading volume on Wednesday . 10,064,862 shares traded hands during trading, an increase of 1,293% from the previous session’s volume of 722,727 shares.The stock last traded at $23.99 and had previously closed at $24.09.

Invesco National AMT-Free Municipal Bond ETF Trading Down 0.4 %

The firm’s 50-day simple moving average is $24.03 and its 200 day simple moving average is $23.81.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

A number of hedge funds have recently modified their holdings of the company. Integrated Advisors Network LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF during the 4th quarter worth $4,902,000. SteelPeak Wealth LLC raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 50.8% during the first quarter. SteelPeak Wealth LLC now owns 140,617 shares of the company’s stock worth $3,351,000 after purchasing an additional 47,393 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 192.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 56,048 shares of the company’s stock valued at $1,336,000 after purchasing an additional 36,908 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 21.3% in the 1st quarter. Park Avenue Securities LLC now owns 52,546 shares of the company’s stock valued at $1,252,000 after purchasing an additional 9,240 shares during the period. Finally, US Bancorp DE increased its stake in Invesco National AMT-Free Municipal Bond ETF by 18.1% during the 1st quarter. US Bancorp DE now owns 325,363 shares of the company’s stock worth $7,753,000 after purchasing an additional 49,820 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.