Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sets New 52-Week Low – Should You Sell?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $20.19 and last traded at $20.19, with a volume of 210 shares. The stock had previously closed at $22.82.

Invesco National AMT-Free Municipal Bond ETF Price Performance

The firm’s fifty day moving average price is $23.21 and its 200 day moving average price is $23.24.

Hedge Funds Weigh In On Invesco National AMT-Free Municipal Bond ETF

Large investors have recently bought and sold shares of the business. Blair William & Co. IL boosted its position in Invesco National AMT-Free Municipal Bond ETF by 795.2% during the 3rd quarter. Blair William & Co. IL now owns 1,486 shares of the company’s stock valued at $34,000 after acquiring an additional 1,320 shares in the last quarter. Coston McIsaac & Partners purchased a new position in Invesco National AMT-Free Municipal Bond ETF during the 4th quarter worth $40,000. Centennial Bank AR grew its stake in Invesco National AMT-Free Municipal Bond ETF by 204.3% during the 4th quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock worth $47,000 after buying an additional 1,363 shares during the last quarter. Kingdom Financial Group LLC. acquired a new position in Invesco National AMT-Free Municipal Bond ETF during the 4th quarter valued at about $101,000. Finally, Western Wealth Management LLC acquired a new position in Invesco National AMT-Free Municipal Bond ETF during the 1st quarter valued at about $109,000.

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.