Invesco Value Municipal Income Trust (IIM) : Prospera Financial Services Inc scooped up 1,200 additional shares in Invesco Value Municipal Income Trust during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 56,600 shares of Invesco Value Municipal Income Trust which is valued at $899,374.Invesco Value Municipal Income Trust makes up approximately 0.18% of Prospera Financial Services Inc’s portfolio.
Other Hedge Funds, Including , Hollencrest Securities reduced its stake in IIM by selling 13,686 shares or 47.54% in the most recent quarter. The Hedge Fund company now holds 15,100 shares of IIM which is valued at $239,939. Invesco Value Municipal Income Trust makes up approx 0.04% of Hollencrest Securities’s portfolio.Beacon Capital Management reduced its stake in IIM by selling 13,050 shares or 58.06% in the most recent quarter. The Hedge Fund company now holds 9,425 shares of IIM which is valued at $149,763. Invesco Value Municipal Income Trust makes up approx 0.01% of Beacon Capital Management’s portfolio.Advisory Services Network boosted its stake in IIM in the latest quarter, The investment management firm added 5,182 additional shares and now holds a total of 9,519 shares of Invesco Value Municipal Income Trust which is valued at $150,971. Invesco Value Municipal Income Trust makes up approx 0.03% of Advisory Services Network’s portfolio.
Invesco Value Municipal Income Trust (IIM) witnessed a volatile trading activity on Tuesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $15.89 and reached the intraday high at $15.96. The bulls started the profit booking and pushed the shares to intraday low of $15.88. The trading session was marked by a volume range of 1,91,108 shares exchanging hands. The 52-week high of the shares is $17.92 and the 52-week low is $15.25. The market cap of the company stands at $402 M and there are 2,52,88,000 shares in public circulation.
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.