Invesco Rochester High Yield Municipal ETF (BATS:IROC – Get Free Report) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 8,526 shares, a decline of 54.0% from the April 30th total of 18,522 shares. Approximately 1.4% of the shares of the stock are short sold. Based on an average trading volume of 15,296 shares, the short-interest ratio is presently 0.6 days.
Institutional Investors Weigh In On Invesco Rochester High Yield Municipal ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers grew its holdings in shares of Invesco Rochester High Yield Municipal ETF by 20.3% during the first quarter. Cetera Investment Advisers now owns 18,778 shares of the company’s stock worth $946,000 after buying an additional 3,170 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of Invesco Rochester High Yield Municipal ETF by 72.0% during the first quarter. Sanctuary Advisors LLC now owns 10,148 shares of the company’s stock worth $511,000 after buying an additional 4,248 shares in the last quarter. Private Advisor Group LLC purchased a new stake in shares of Invesco Rochester High Yield Municipal ETF during the first quarter worth about $260,000. Invesco Ltd. grew its holdings in Invesco Rochester High Yield Municipal ETF by 195.7% in the fourth quarter. Invesco Ltd. now owns 1,830,745 shares of the company’s stock valued at $92,800,000 after purchasing an additional 1,211,665 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in Invesco Rochester High Yield Municipal ETF by 122.5% in the fourth quarter. Osaic Holdings Inc. now owns 8,203 shares of the company’s stock valued at $416,000 after purchasing an additional 4,517 shares during the period.
Invesco Rochester High Yield Municipal ETF Stock Performance
Shares of BATS IROC opened at $50.98 on Monday. Invesco Rochester High Yield Municipal ETF has a 12 month low of $49.26 and a 12 month high of $51.93. The company has a 50-day simple moving average of $50.60 and a 200-day simple moving average of $50.79.
About Invesco Rochester High Yield Municipal ETF
Invesco Actively Managed Exchange-Traded Fund Trust – Invesco Rochester High Yield Municipal ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc It invests in fixed income markets of the United States. It invests directly and through derivatives in medium- and lower- grade municipal securities which are rated BBB or lower by S&P, Baa or lower by Moody’s, or an equivalent rating by another nationally recognized statistical rating organization.
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