Invesco Municipal Income Opportunities Trust (NYSE:OIA) Shares Cross Below 200-Day Moving Average – What’s Next?

Invesco Municipal Income Opportunities Trust (NYSE:OIA) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.47 and traded as low as $6.01. Invesco Municipal Income Opportunities Trust shares last traded at $6.03, with a volume of 53,770 shares traded.

Invesco Municipal Income Opportunities Trust Stock Performance

The company has a 50-day simple moving average of $6.25 and a 200-day simple moving average of $6.47.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.0291 dividend. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date is Friday, January 17th.

Institutional Investors Weigh In On Invesco Municipal Income Opportunities Trust

Institutional investors and hedge funds have recently modified their holdings of the company. Creekside Partners acquired a new stake in Invesco Municipal Income Opportunities Trust during the 2nd quarter valued at $95,000. Sanctuary Advisors LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the 2nd quarter worth $278,000. Farther Finance Advisors LLC lifted its stake in shares of Invesco Municipal Income Opportunities Trust by 32.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 91,432 shares of the investment management company’s stock worth $627,000 after purchasing an additional 22,308 shares during the period. Horizon Kinetics Asset Management LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter worth $137,000. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of 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 purchasing an additional 10,217 shares during the period. Institutional investors and hedge funds own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Company Profile

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.