Invesco Municipal Trust (VKQ) Stock Formed Multiple Bottom Chart Pattern

June 27, 2018 - By Alice Reed

Big Money Sentiment decreased to 1.24 in Q1 2018. It has change of 0.14, from 2017Q4’s 1.38. The ratio turned negative due to Invesco Municipal Trust positioning: 11 sold and 14 reduced. 14 funds acquired stakes and 17 increased stakes. Investors holded 4.85 million in 2017Q4 but now own 5.11 million shares or 5.30% more.
Moreover, Gradient Invs Ltd Liability has 0% invested in Invesco Municipal Trust (NYSE:VKQ) for 1,234 shs. Highlander Cap Mngmt Ltd has 0.04% invested in Invesco Municipal Trust (NYSE:VKQ) for 5,770 shs. Parametric Portfolio Associate Ltd Liability Com reported 0% in Invesco Municipal Trust (NYSE:VKQ). Bartlett & Limited Liability Corporation holds 2,642 shs. Morgan Stanley invested 0% in Invesco Municipal Trust (NYSE:VKQ). James Rech, Ohio-based fund reported 1,000 shs. 1,000 were reported by Regions. Bremer Trust National Association holds 0.04% or 11,453 shs. Wells Fargo And Co Mn invested in 541,727 shs or 0% of the stock. Weiss Asset Mgmt Limited Partnership reported 12,658 shs. Bkd Wealth Lc reported 11,500 shs. Oppenheimer invested in 16,239 shs or 0% of the stock. Van Eck Corporation has 166,975 shs. Moreover, Us Fincl Bank De has 0% invested in Invesco Municipal Trust (NYSE:VKQ) for 6,438 shs. Cambridge Invest owns 0.01% invested in Invesco Municipal Trust (NYSE:VKQ) for 43,012 shs.

Multiple bottoms chart was formed by Invesco Municipal Trust (VKQ) with $10.70 PT or 9.00 % below today’s $11.76 stock price. On Jun, 27 the multiple bottoms chart was reported by Finviz.com. The valuation of VKQ can change by $58.55M if our $10.70 PT is touched.

VKQ is hitting $11.76 during the last trading session, after increased 0.17%.Invesco Municipal Trust has 121,572 shares volume, 14.83% up from normal. VKQ is downtrending and has moved 7.40% since June 27, 2017. The stock underperformed the S&P 500 by 19.97%.

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