Western Wealth Management LLC Buys Shares of 176,204 Invesco Value Municipal Income Trust (NYSE:IIM)

Western Wealth Management LLC bought a new stake in shares of Invesco Value Municipal Income Trust (NYSE:IIM) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 176,204 shares of the investment management company’s stock, valued at approximately $2,569,000. Western Wealth Management LLC owned approximately 0.37% of Invesco Value Municipal Income Trust at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IIM. Kovack Advisors Inc. grew its stake in Invesco Value Municipal Income Trust by 71.8% during the 1st quarter. Kovack Advisors Inc. now owns 70,502 shares of the investment management company’s stock valued at $1,017,000 after acquiring an additional 29,470 shares in the last quarter. Prospera Financial Services Inc bought a new stake in shares of Invesco Value Municipal Income Trust in the 1st quarter valued at approximately $376,000. Ackerman Capital Advisors LLC bought a new stake in shares of Invesco Value Municipal Income Trust in the 1st quarter valued at approximately $248,000. OTA Financial Group L.P. bought a new stake in shares of Invesco Value Municipal Income Trust in the 1st quarter valued at approximately $211,000. Finally, AdvisorNet Financial Inc bought a new stake in shares of Invesco Value Municipal Income Trust in the 2nd quarter valued at approximately $174,000. 8.31% of the stock is currently owned by institutional investors.

Shares of NYSE IIM traded up $0.02 during trading hours on Friday, hitting $15.57. The stock had a trading volume of 3,180 shares, compared to its average volume of 140,281. The firm’s 50-day moving average price is $15.32 and its two-hundred day moving average price is $14.82. Invesco Value Municipal Income Trust has a 52 week low of $13.09 and a 52 week high of $15.65.

Invesco Value Municipal Income Trust Profile

Invesco Value Municipal Income 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 (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.

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Institutional Ownership by Quarter for Invesco Value Municipal Income Trust (NYSE:IIM)

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