Invesco Value Municipal Income (NYSE:IIM) Experiences Heavier than Usual Trading Volume

Share

Trading was heavy with 77K shares changing hands in the last trading session. Invesco California Value Municipal Income Trust earned a media sentiment score of 0.44 on Accern's scale.

Invesco Pennsylvania Value Municipal Income Trust is a diversified, closed-end management investment company. IFP Advisors Inc now owns 28,669 shares of the investment management company's stock valued at $222,000 after buying an additional 2,765 shares in the last quarter. This represents a $0.85 dividend on an annualized basis and a yield of 6.42%. The value of the company's investment in Invesco Value Municipal Income increased from $379,000 to $427,000 increasing 12.7% quarter over quarter.

BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA)'s market cap, the total dollar value of all of their outstanding shares, is 162.55m. It is now trading at $15.23 slightly below $15.25, the stock's 50 day moving average and a tad higher than the 200 day moving average of $14.91. Pnc Financial Services Group, Inc. trimmed its stake by selling 2,969 shares a decrease of 29.9%. Invesco Municipal Opportunity Trust has a one year low of $12.27 and a one year high of $14.88.


ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by Week Herald and is the property of of Week Herald. If you are accessing this story on another site, it was stolen and reposted in violation of U.S. & worldwide trademark and copyright law. The ex-dividend date is Wednesday, August 9th. The original version of this story can be read at https://www.com-unik.info/2017/08/12/blackrock-lt-municipal-advantage-trusts-bta-sell-rating-reaffirmed-at-deutsche-bank-ag-updated-updated.html. Stifel Financial increased its position in stocks of Invesco California Value Municipal Income Trust by 26.4% in the Q1. The Trust's investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Chicago Partners Investment Group LLC now owns 21,204 shares of the investment management company's stock worth $281,000 after buying an additional 19,260 shares during the last quarter. Lastly, RB Capital Management increased its position in stocks of Invesco California Value Municipal Income Trust by 11.0% in the Q1.

Want to see what other hedge funds are holding VMO?

Share