Raymond James Financial Inc. bought a new position in shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 164,959 shares of the investment management company's stock, valued at approximately $973,000. Raymond James Financial Inc. owned approximately 0.35% of Invesco Municipal Income Opportunities Trust at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OIA. Signaturefd LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter valued at about $29,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter valued at about $65,000. Virtu Financial LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the third quarter valued at about $72,000. AlphaStar Capital Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter valued at about $83,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter valued at about $109,000. 12.57% of the stock is currently owned by institutional investors.
Invesco Municipal Income Opportunities Trust Stock Performance
Shares of Invesco Municipal Income Opportunities Trust stock traded down $0.01 during midday trading on Friday, hitting $5.88. The company had a trading volume of 183,574 shares, compared to its average volume of 109,388. The company has a fifty day simple moving average of $5.89 and a 200 day simple moving average of $6.13. Invesco Municipal Income Opportunities Trust has a 12-month low of $5.43 and a 12-month high of $6.99.
Invesco Municipal Income Opportunities Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $0.0291 per share. This represents a $0.35 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Friday, May 16th.
Invesco Municipal Income Opportunities Trust Profile
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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.
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