Spinnaker Investment Group LLC Makes New Investment in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Spinnaker Investment Group LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,151 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds have also recently made changes to their positions in PWZ. Larson Financial Group LLC raised its stake in Invesco California AMT-Free Municipal Bond ETF by 60.6% during the third quarter. Larson Financial Group LLC now owns 2,650 shares of the company’s stock valued at $66,000 after buying an additional 1,000 shares during the last quarter. Bristlecone Advisors LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter worth about $78,000. Atomi Financial Group Inc. purchased a new stake in Invesco California AMT-Free Municipal Bond ETF during the 3rd quarter valued at about $202,000. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the 4th quarter valued at about $255,000. Finally, GAMMA Investing LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF in the third quarter worth about $269,000.

Invesco California AMT-Free Municipal Bond ETF Trading Down 0.5 %

Shares of NYSEARCA PWZ opened at $24.35 on Friday. The firm’s 50 day moving average price is $24.77 and its 200-day moving average price is $24.88. Invesco California AMT-Free Municipal Bond ETF has a 52-week low of $24.10 and a 52-week high of $25.49.

Invesco California AMT-Free Municipal Bond ETF 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.