McNaughton Wealth Management LLC Purchases 4,981 Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

McNaughton Wealth Management LLC increased its position in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 92,164 shares of the company’s stock after acquiring an additional 4,981 shares during the quarter. Invesco California AMT-Free Municipal Bond ETF accounts for about 1.1% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. McNaughton Wealth Management LLC’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $2,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of PWZ. Affinity Capital Advisors LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter worth $5,614,000. Envestnet Asset Management Inc. increased its position in Invesco California AMT-Free Municipal Bond ETF by 30.3% in the second quarter. Envestnet Asset Management Inc. now owns 834,585 shares of the company’s stock worth $20,589,000 after buying an additional 194,154 shares in the last quarter. Miracle Mile Advisors LLC raised its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 7.4% in the third quarter. Miracle Mile Advisors LLC now owns 2,270,757 shares of the company’s stock worth $56,951,000 after buying an additional 156,516 shares during the period. Stratos Wealth Partners LTD. lifted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 2.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 1,411,558 shares of the company’s stock valued at $35,402,000 after buying an additional 28,143 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter valued at approximately $591,000.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

NYSEARCA PWZ opened at $24.21 on Tuesday. Invesco California AMT-Free Municipal Bond ETF has a 12 month low of $24.20 and a 12 month high of $25.49. The company’s 50 day moving average is $24.82 and its two-hundred day moving average is $24.90.

About Invesco California AMT-Free Municipal Bond ETF

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.