Invesco Trust for Investment Grade Municipals (VGM) Trading at $12.22 Forms Bearish Multiple Bottom

Big Money Sentiment decreased to 1.18 in 2018 Q3. It has change of 1.01, from 2018Q2’s 2.19. The ratio is negative due to Invesco Trust for Investment Grade Municipals positioning: 7 sold and 21 reduced. 19 funds amassed holdings and 14 increased holdings. Investors holded 4.40 million in 2018Q2 but now own 5.55 million shares or 26.06% more.
Invesco Limited has invested 0% of its capital in Invesco Trust for Investment Grade Municipals (NYSE:VGM). Ameriprise Fin holds 0% of its capital in Invesco Trust for Investment Grade Municipals (NYSE:VGM) for 56,830 shs. Hightower Advsrs Ltd Limited Liability Company owns 10,902 shs. Pnc Finance has 24,069 shs. Ckw Grp Inc reported 0.02% in Invesco Trust for Investment Grade Municipals (NYSE:VGM). Raymond James & Associate has 0% invested in Invesco Trust for Investment Grade Municipals (NYSE:VGM) for 43,380 shs. First Tru Advsrs Ltd Partnership invested in 76,547 shs or 0% of the stock. Commercial Bank Of America De holds 0% of its capital in Invesco Trust for Investment Grade Municipals (NYSE:VGM) for 69,923 shs. Sg Americas Securities Limited Co holds 0% or 21,960 shs. Macroview Ltd Llc has 0.1% invested in Invesco Trust for Investment Grade Municipals (NYSE:VGM) for 2,790 shs. Bb&T Secs Llc invested in 0% or 38,573 shs. Sit Associates has invested 0.23% of its capital in Invesco Trust for Investment Grade Municipals (NYSE:VGM). Camelot Portfolios Ltd Liability Com holds 0.05% or 10,000 shs in its capital. Fifth Third Retail Bank reported 1,472 shs stake. Shufro Rose Limited Liability owns 28,300 shs.

Invesco Trust for Investment Grade Municipals (VGM) chart indicates a multiple bottoms technical pattern with $11.85 price target. That’s 3.00 % below today’s $12.22 stock price. Finviz.com featured this technical pattern on Mar, 4. At our $11.85 price target, the company worth will be $19.88 million less.

The stock increased 0.16% or $0.02 during the last trading session, touching $12.22.Currently Invesco Trust for Investment Grade Municipals is downtrending after 13.44% change in last March 4, 2018. VGM has 89,974 shares volume. The stock underperformed the S&P500 by 13.44%.

For more Invesco Trust for Investment Grade Municipals (NYSE:VGM) news released recently go to: Zacks.com, Investorplace.com, Zacks.com, Zacks.com or Zacks.com. The titles are as follows: “Look Beyond Earnings: 4 Stocks With Swelling Cash Flows – Zacks.com” released on January 24, 2019, “5 Best Performing Stocks of July – Investorplace.com” on August 01, 2018, “NCI Building (NCS) Up 2.6% Since Last Earnings Report: Can It Continue? – Zacks.com” with a publish date: January 18, 2019, “5 Healthcare Bets to Stay in Investors Good Books Next Year – Zacks.com” and the last “6 Reasons to Add Mosaic (MOS) Stock to Your Portfolio Now – Zacks.com” with publication date: November 23, 2018.

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