Invesco California AMT-Free Municipal Bond ETF (PWZ)

• Market cap: $785M
• 1 day: -0.17%
• 5 days: 0.31%
• 1 month: -2.23%
• 3 months: -2.98%
• 6 months: -6.97%
• Year to date: -7.35%
• 1 year: -8.35%
• 5 years: -17.88%
• 10 years: -9.77%
• Sector: Financials
• Industry: Asset Management

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

171% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 7

8% more funds holding

Funds holding: 108 [Q4 2024] → 117 (+9) [Q1 2025]

1.77% more ownership

Funds ownership: 65.76% [Q4 2024] → 67.53% (+1.77%) [Q1 2025]

1% more capital invested

Capital invested by funds: $467M [Q4 2024] → $470M (+$2.71M) [Q1 2025]

5% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 37

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]