Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.03 and traded as low as $5.68. Invesco Municipal Income Opportunities Trust shares last traded at $5.71, with a volume of 179,275 shares traded.
Invesco Municipal Income Opportunities Trust Trading Down 0.7%
The firm's 50-day moving average price is $5.78 and its 200 day moving average price is $6.02.
Invesco Municipal Income Opportunities Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be given a dividend of $0.0291 per share. This represents a $0.35 annualized dividend and a dividend yield of 6.16%. The ex-dividend date of this dividend is Tuesday, June 17th.
Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Guggenheim Capital LLC grew its position in Invesco Municipal Income Opportunities Trust by 5.4% in the 4th quarter. Guggenheim Capital LLC now owns 1,144,654 shares of the investment management company's stock worth $6,753,000 after purchasing an additional 59,007 shares in the last quarter. Bank of America Corp DE grew its position in Invesco Municipal Income Opportunities Trust by 4.5% in the 4th quarter. Bank of America Corp DE now owns 854,922 shares of the investment management company's stock worth $5,044,000 after purchasing an additional 36,999 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in Invesco Municipal Income Opportunities Trust in the 1st quarter worth about $1,609,000. Commonwealth Equity Services LLC grew its position in Invesco Municipal Income Opportunities Trust by 33.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 265,083 shares of the investment management company's stock worth $1,564,000 after purchasing an additional 65,856 shares in the last quarter. Finally, Van ECK Associates Corp grew its position in Invesco Municipal Income Opportunities Trust by 10.0% in the 4th quarter. Van ECK Associates Corp now owns 217,955 shares of the investment management company's stock worth $1,286,000 after purchasing an additional 19,889 shares in the last quarter. 12.57% of the stock is owned by institutional investors.
Invesco Municipal Income Opportunities Trust Company Profile
(
Get Free Report)
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.
Read More
Before you consider Invesco Municipal Income Opportunities Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Municipal Income Opportunities Trust wasn't on the list.
While Invesco Municipal Income Opportunities Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.