Jfs Wealth Advisors buys $1,990,791 stake in Invesco Municipal Opportunity Trust (VMO)

Invesco Municipal Opportunity Trust (VMO) : Jfs Wealth Advisors scooped up 1,386 additional shares in Invesco Municipal Opportunity Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 25, 2016. The investment management firm now holds a total of 136,169 shares of Invesco Municipal Opportunity Trust which is valued at $1,990,791.Invesco Municipal Opportunity Trust makes up approximately 0.54% of Jfs Wealth Advisors’s portfolio.

Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in VMO by selling 5,638 shares or 37.59% in the most recent quarter. The Hedge Fund company now holds 9,361 shares of VMO which is valued at $136,858.Capital Investment Advisors reduced its stake in VMO by selling 1,245 shares or 4.49% in the most recent quarter. The Hedge Fund company now holds 26,499 shares of VMO which is valued at $385,825. Invesco Municipal Opportunity Trust makes up approx 0.04% of Capital Investment Advisors’s portfolio.First Manhattan Co reduced its stake in VMO by selling 1 shares or 0.11% in the most recent quarter. The Hedge Fund company now holds 917 shares of VMO which is valued at $13,186.Creative Planning reduced its stake in VMO by selling 10,971 shares or 76.91% in the most recent quarter. The Hedge Fund company now holds 3,293 shares of VMO which is valued at $47,287.Summit Financial Wealth Advisors boosted its stake in VMO in the latest quarter, The investment management firm added 5,000 additional shares and now holds a total of 123,375 shares of Invesco Municipal Opportunity Trust which is valued at $1,862,963. Invesco Municipal Opportunity Trust makes up approx 0.77% of Summit Financial Wealth Advisors’s portfolio.

Invesco Municipal Opportunity Trust opened for trading at $14.7 and hit $14.77 on the upside on Friday, eventually ending the session at $14.75, with a gain of 0.68% or 0.1 points. The heightened volatility saw the trading volume jump to 1,85,697 shares. Company has a market cap of $226 M.

Invesco Municipal Opportunity Trust is a diversified closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax consistent with preservation of capital. Under normal market conditions the Trust will invest at least 80% of its net assets in municipal securities rated investment grade at the time of investment. Municipal securities include municipal bonds municipal notes municipal commercial paper and lease obligations. The Trust may also invest up to 20% of its net assets in non-investment-grade and unrated securities. From time to time it may invest in municipal securities that pay interest subject to the federal alternative minimum tax. Invesco Advisers Inc. serves as the investment adviser of the Trust.

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