Vault-13

INVESCO EXCH TRADED FD TR II PZT

NY AMT FRE MUN · ETP · CUSIP 46138E529

44 institutional holders +4 vs Q1 2025
2,716,5212.7m shares reported held*
$58.8mreported value*
5 new 16 added 17 reduced 1 sold out net sold ≈ $1.2m (-54.6k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $21.63.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 30Q4 22: 36Q1 23: 37Q2 23: 34Q3 23: 33Q4 23: 35Q1 24: 39Q2 24: 41Q3 24: 42Q4 24: 42Q1 25: 40Q2 25: 4444Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202230
Q4 202236
Q1 202337
Q2 202334
Q3 202333
Q4 202335
Q1 202439
Q2 202441
Q3 202442
Q4 202442
Q1 202540
Q2 202544

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 23: 12 bought or addedQ3 23: 16 cut or sold outQ4 23: 13 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 21 bought or addedQ1 24: 11 cut or sold outQ2 24: 21 bought or addedQ2 24: 9 cut or sold outQ2 24Q3 24: 23 bought or addedQ3 24: 11 cut or sold outQ4 24: 21 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 18 bought or addedQ1 25: 19 cut or sold outQ2 25: 21 bought or addedQ2 25: 18 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231216
Q4 20231320
Q1 20242111
Q2 2024219
Q3 20242311
Q4 20242114
Q1 20251819
Q2 20252118

Biggest buyers

SAX WEALTH ADVISORS, LLC New +36,114+36.1k
UBS Group AG Added +29,106+29.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +24,947+24.9k
Hennion & Walsh Asset Management, Inc. Added +22,904+22.9k
Cetera Investment Advisers Added +17,238+17.2k
Wealthfront Advisers LLC New +12,333+12.3k
PFG Investments, LLC New +10,043+10.0k
Composition Wealth, LLC Added +9,608+9.6k
ROYAL BANK OF CANADA Added +8,000+8.0k
CITIGROUP INC Added +4,900+4.9k

Biggest sellers

Elequin Capital, LP Reduced -81,558-81.6k
MORGAN STANLEY Reduced -58,993-59.0k
Stratos Wealth Partners, LTD. Reduced -20,171-20.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -19,431-19.4k
Kestra Advisory Services, LLC Reduced -15,987-16.0k
Tortoise Investment Management, LLC Reduced -11,996-12.0k
NDWM LLC Reduced -9,229-9.2k
EP Wealth Advisors, LLC Reduced -5,600-5.6k
LPL Financial LLC Reduced -5,086-5.1k
AMERICAN FINANCIAL & TAX STRATEGIES INC Reduced -4,978-5.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 660,206660.2k $14.3m $14.3m 0.02% Added +4.8k +4,777
2 Composition Wealth, LLC 0.12% of their portfolio LOS ANGELES, CA 342,794342.8k $7.4m $7.4m 0.12% Added +9.6k +9,608
3 Hennion & Walsh Asset Management, Inc. 0.20% of their portfolio Parsippany, NJ 234,136234.1k $5.1m $5.1m 0.20% Added +22.9k +22,904
4 FLYNN ZITO CAPITAL MANAGEMENT, LLC 1.85% of their portfolio GARDEN CITY, NY 202,758202.8k $4.4m $4.4m 1.85% Reduced -2.5k -2,466
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 170,421170.4k $3.7m $3.7m 0.00% Added +3.1k +3,114
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 149,942149.9k $3.2m $3.2m 0.00% Reduced -59.0k -58,993
7 AMERICAN FINANCIAL & TAX STRATEGIES INC 1.24% of their portfolio NEW YORK, NY 110,955111.0k $2.4m $2.4m 1.24% Reduced -5.0k -4,978
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 93,32693.3k $2.0m $2.0m 0.00% Reduced -5.1k -5,086
9 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 70,77070.8k $1.5m $1.5m 0.01% Reduced -5.6k -5,600
10 Tortoise Investment Management, LLC 0.13% of their portfolio WHITE PLAINS, NY 64,09264.1k $1.4m $1.4m 0.13% Reduced -12.0k -11,996
11 Note Advisors, LLC 0.91% of their portfolio BUFFALO, NY 60,97361.0k $1.3m $1.3m 0.91% Added +1.1k +1,100
12 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 43,70343.7k $945.7k $945.7k 0.00% Reduced -4.4k -4,438
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 36,75136.8k $795.3k $795.3k 0.00% Added +17.2k +17,238
14 SAX WEALTH ADVISORS, LLC 0.05% of their portfolio PARSIPPANY, NJ 36,11436.1k $781.5k $781.5k 0.05% New
15 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 35,83935.8k $776.0k $776.0k 0.00% Reduced -19.4k -19,431
16 UBS Group AG 0.00% of their portfolio ZURICH, V8 31,32531.3k $677.9k $677.9k 0.00% Added +29.1k +29,106
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 31,08231.1k $672.6k $672.6k 0.00% Added +84 +84
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 30,67030.7k $663.7k $663.7k 0.00% Added +59 +59
19 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 29,87229.9k $646.0k $646.0k 0.00% Reduced -580 -580
20 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,94724.9k $539.9k $539.9k 0.00% New
21 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 21,59121.6k $467.2k $467.2k 0.00% Reduced -16.0k -15,987
22 MCDONALD PARTNERS LLC 0.11% of their portfolio CLEVELAND, OH 21,05021.1k $455.5k $455.5k 0.11% Unchanged
23 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 20,20020.2k $437.1k $437.1k 0.00% Reduced -513 -513
24 NDWM LLC 0.32% of their portfolio LA JOLLA, CA 20,16120.2k $436.3k $436.3k 0.32% Reduced -9.2k -9,229
25 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 17,01917.0k $368.3k $368.3k 0.00% Reduced -20.2k -20,171
26 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 16,67316.7k $360.8k $360.8k 0.00% Reduced -4.2k -4,179
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 16,21416.2k $336.4k $336.4k 0.00% Added +330 +330
28 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 14,35514.4k $310.6k $310.6k 0.00% Added +4.9k +4,900
29 Wealthfront Advisers LLC 0.00% of their portfolio Palo Alto, CA 12,33312.3k $266.9k $266.9k 0.00% New
30 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 12,00012.0k $260.0k $260.0k 0.00% Added +8.0k +8,000
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,75211.8k $254.3k $254.3k 0.00% Added +3.5k +3,492
32 Mariner, LLC 0.00% of their portfolio Overland Park, KS 11,42311.4k $247.2k $247.2k 0.00% Reduced -2.2k -2,214
33 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,14911.1k $241.3k $241.3k 0.00% Added +3.8k +3,839
34 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 10,50410.5k $227.3k $227.3k 0.01% Unchanged
35 Cascade Financial Partners, LLC 0.03% of their portfolio SAN DIEGO, CA 10,31210.3k $223.2k $223.2k 0.03% Unchanged
36 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 10,04310.0k $217.3k $217.3k 0.01% New
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 9,3509.3k $202.3k $202.3k 0.00% Reduced -439 -439
38 Elequin Capital, LP 0.02% of their portfolio NEW YORK, NY 5,2015.2k $112.5k $112.5k 0.02% Reduced -81.6k -81,558
39 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,8941.9k $40.8k $40.8k 0.00% Unchanged
40 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1,2001.2k $26.0k $26.0k 0.00% New
41 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 1,0791.1k $23.4k $23.4k 0.00% Added +516 +516
42 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 338338 $7.3k $7.3k 0.00% Unchanged
43 FMR LLC 0.00% of their portfolio BOSTON, MA 44 $87 $87 0.00% Added +3 +3
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged