Shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.48 and traded as low as $5.94. Invesco Municipal Income Opportunities Trust shares last traded at $5.95, with a volume of 347,600 shares changing hands.
Invesco Municipal Income Opportunities Trust Price Performance
The business's fifty day simple moving average is $6.32 and its two-hundred day simple moving average is $6.48.
Invesco Municipal Income Opportunities Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be paid a $0.0291 dividend. The ex-dividend date is Friday, January 17th. This represents a $0.35 annualized dividend and a dividend yield of 5.87%.
Hedge Funds Weigh In On Invesco Municipal Income Opportunities Trust
A number of hedge funds have recently bought and sold shares of the business. Virtu Financial LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust in the third quarter valued at approximately $72,000. Creekside Partners purchased a new stake in Invesco Municipal Income Opportunities Trust in the 2nd quarter worth $95,000. Horizon Kinetics Asset Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust in the 3rd quarter worth $137,000. Sanctuary Advisors LLC acquired a new position in Invesco Municipal Income Opportunities Trust during the second quarter worth $278,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in Invesco Municipal Income Opportunities Trust by 19.0% during the third quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company's stock valued at $439,000 after purchasing an additional 10,217 shares in the last quarter. Hedge funds and other institutional investors own 12.57% of the company's stock.
About Invesco Municipal Income Opportunities Trust
(
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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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