Invesco Municipal Income Opp Trust (NYSE:OIA) Stock Price Passes Above 50 Day Moving Average of $7.67

Shares of Invesco Municipal Income Opp Trust (NYSE:OIA) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.67 and traded as high as $7.84. Invesco Municipal Income Opp Trust shares last traded at $7.84, with a volume of 600 shares.

The company has a fifty day moving average price of $7.68.

Several institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of Invesco Municipal Income Opp Trust by 19.5% during the second quarter. Envestnet Asset Management Inc. now owns 244,984 shares of the investment management company’s stock worth $1,877,000 after acquiring an additional 40,037 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Invesco Municipal Income Opp Trust during the second quarter worth $181,000. Cetera Advisor Networks LLC increased its holdings in shares of Invesco Municipal Income Opp Trust by 5.6% in the first quarter. Cetera Advisor Networks LLC now owns 169,866 shares of the investment management company’s stock worth $1,321,000 after purchasing an additional 8,963 shares during the period. Finally, Insight Wealth Strategies LLC increased its holdings in shares of Invesco Municipal Income Opp Trust by 10.5% in the first quarter. Insight Wealth Strategies LLC now owns 23,264 shares of the investment management company’s stock worth $181,000 after purchasing an additional 2,213 shares during the period. Hedge funds and other institutional investors own 5.90% of the company’s stock.

About Invesco Municipal Income Opp Trust (NYSE:OIA)

Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.

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