Invesco Municipal Income Opportunities Trust (NYSE:OIA) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Invesco Municipal Income Opportunities Trust (NYSE:OIA) shares 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 Trading Down 0.8 %

The firm’s fifty day moving average is $6.32 and its 200-day moving average is $6.48.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of $0.0291 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.35 annualized dividend and a dividend yield of 5.87%.

Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust

Hedge funds have recently modified their holdings of the company. Virtu Financial LLC acquired a new position in Invesco Municipal Income Opportunities Trust in the 3rd quarter worth about $72,000. Creekside Partners bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the second quarter worth about $95,000. Horizon Kinetics Asset Management LLC acquired a new position in shares of Invesco Municipal Income Opportunities Trust in the third quarter valued at approximately $137,000. Sanctuary Advisors LLC bought a new position in Invesco Municipal Income Opportunities Trust in the 2nd quarter valued at approximately $278,000. Finally, Rockefeller Capital Management L.P. boosted its position in Invesco Municipal Income Opportunities Trust by 19.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock worth $439,000 after buying an additional 10,217 shares during the period. Institutional investors and hedge funds own 12.57% of the company’s stock.

About Invesco Municipal Income Opportunities Trust

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.