Macroview Investment Management Lowers stake in Invesco Value Municipal Income Trust (IIM)

Invesco Value Municipal Income Trust (IIM) : Macroview Investment Management reduced its stake in Invesco Value Municipal Income Trust by 18.38% during the most recent quarter end. The investment management company now holds a total of 35,501 shares of Invesco Value Municipal Income Trust which is valued at $611,327 after selling 7,992 shares in Invesco Value Municipal Income Trust , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Invesco Value Municipal Income Trust makes up approximately 2.67% of Macroview Investment Management’s portfolio.

Other Hedge Funds, Including , Investors Capital Advisory Services boosted its stake in IIM in the latest quarter, The investment management firm added 103 additional shares and now holds a total of 14,163 shares of Invesco Value Municipal Income Trust which is valued at $243,887. Invesco Value Municipal Income Trust makes up approx 0.05% of Investors Capital Advisory Services’s portfolio.Advisory Services Network boosted its stake in IIM in the latest quarter, The investment management firm added 1,812 additional shares and now holds a total of 4,337 shares of Invesco Value Municipal Income Trust which is valued at $75,073. Invesco Value Municipal Income Trust makes up approx 0.02% of Advisory Services Network’s portfolio.Sigma Planning Corp reduced its stake in IIM by selling 5,066 shares or 22.68% in the most recent quarter. The Hedge Fund company now holds 17,269 shares of IIM which is valued at $298,408. Invesco Value Municipal Income Trust makes up approx 0.04% of Sigma Planning Corp’s portfolio. Raymond James Trust N.a. added IIM to its portfolio by purchasing 11,084 company shares during the most recent quarter which is valued at $197,739. Invesco Value Municipal Income Trust makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.

Invesco Value Municipal Income Trust opened for trading at $17.27 and hit $17.299 on the upside on Monday, eventually ending the session at $17.29, with a gain of 0.29% or 0.05 points. The heightened volatility saw the trading volume jump to 1,46,387 shares. Company has a market cap of $437 M.

Invesco Value Municipal Income Trust is a diversified closed-end management investment trust. The Trust’s investment objective is to provide current income which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing in municipal securities such as municipal bonds municipal notes municipal commercial paper and lease obligations that are rated investment-grade at the time of investment. The Trust may also invest up to 20% of its net assets in municipal securities rated below investment grade or that are unrated. The Trust may invest in securities that are subject to interest rate risk. Invesco Advisers Inc. is the investment adviser of the Trust.

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