Invesco California AMT-Free Municipal Bond ETF $PWZ Shares Sold by Destination Wealth Management

Destination Wealth Management trimmed its position in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 48.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,116 shares of the company’s stock after selling 28,752 shares during the quarter. Destination Wealth Management owned 0.07% of Invesco California AMT-Free Municipal Bond ETF worth $728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Navalign LLC acquired a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth about $27,000. Ameriflex Group Inc. increased its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 2,998 shares of the company’s stock worth $72,000 after acquiring an additional 1,499 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Invesco California AMT-Free Municipal Bond ETF during the third quarter worth about $174,000. Eclectic Associates Inc. ADV purchased a new stake in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth about $202,000. Finally, Elequin Capital LP purchased a new stake in Invesco California AMT-Free Municipal Bond ETF during the third quarter worth about $211,000.

Invesco California AMT-Free Municipal Bond ETF Price Performance

PWZ stock opened at $24.34 on Monday. Invesco California AMT-Free Municipal Bond ETF has a 52 week low of $22.75 and a 52 week high of $24.59. The company’s 50-day moving average price is $24.21 and its 200 day moving average price is $24.21.

Invesco California AMT-Free Municipal Bond ETF Company Profile

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.