Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Hits New 52-Week Low – Time to Sell?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZAGet Free Report) reached a new 52-week low on Friday . The stock traded as low as $23.33 and last traded at $23.38, with a volume of 115748 shares trading hands. The stock had previously closed at $23.48.

Invesco National AMT-Free Municipal Bond ETF Stock Down 0.6 %

The stock has a 50 day simple moving average of $23.82 and a 200-day simple moving average of $23.90.

Institutional Investors Weigh In On Invesco National AMT-Free Municipal Bond ETF

Hedge funds have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC bought a new stake in Invesco National AMT-Free Municipal Bond ETF in the second quarter worth $26,000. GAMMA Investing LLC boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 115.9% during the 3rd quarter. GAMMA Investing LLC now owns 2,885 shares of the company’s stock worth $70,000 after purchasing an additional 1,549 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter valued at about $79,000. Prospera Private Wealth LLC bought a new stake in Invesco National AMT-Free Municipal Bond ETF in the third quarter worth about $85,000. Finally, Avior Wealth Management LLC boosted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 3,523.0% during the third quarter. Avior Wealth Management LLC now owns 3,623 shares of the company’s stock valued at $85,000 after buying an additional 3,523 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Company Profile

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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.

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