Inv Vk Pa Valu (NYSE:VPV) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Inv Vk Pa Valu (NYSE:VPV) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.50 and traded as low as $10.41. Inv Vk Pa Valu shares last traded at $10.4650, with a volume of 63,458 shares traded.

Inv Vk Pa Valu Stock Performance

The firm has a 50-day moving average price of $10.50 and a two-hundred day moving average price of $10.16.

Inv Vk Pa Valu Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be issued a dividend of $0.0667 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

Institutional Investors Weigh In On Inv Vk Pa Valu

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers lifted its position in Inv Vk Pa Valu by 47.6% in the first quarter. Cetera Investment Advisers now owns 20,817 shares of the financial services provider’s stock valued at $212,000 after acquiring an additional 6,718 shares during the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Inv Vk Pa Valu during the first quarter worth about $90,000. Wolverine Asset Management LLC increased its position in shares of Inv Vk Pa Valu by 336.6% during the first quarter. Wolverine Asset Management LLC now owns 83,276 shares of the financial services provider’s stock worth $849,000 after purchasing an additional 64,204 shares in the last quarter. Walleye Capital LLC lifted its holdings in shares of Inv Vk Pa Valu by 68.6% in the 1st quarter. Walleye Capital LLC now owns 19,017 shares of the financial services provider’s stock valued at $194,000 after purchasing an additional 7,735 shares during the last quarter. Finally, North Ground Capital boosted its position in shares of Inv Vk Pa Valu by 46.1% in the 1st quarter. North Ground Capital now owns 55,335 shares of the financial services provider’s stock valued at $544,000 after purchasing an additional 17,461 shares during the period.

Inv Vk Pa Valu Company Profile

Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.