VPV Stock Summary and Trading Ideas (Invesco Pa Value Muni | NYSE:VPV)

The Trust seeks to provide investors with a high level of current income exempt from federal and Pennsylvania income taxes and, where possible under local law, local income and personal property taxes, consistent with preservation of capital. The trust seeks to achieve the Trust’s investment objective by investing primarily in Pennsylvania municipal securities that are rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper and lease obligations. The Trust may also invest up to 20% of its net assets in non-investment-grade and unrated securities that it determine to be of comparable quality. From time to time, the trust may invest in Pennsylvania municipal securities that pay interest subject to the federal alternative minimum tax.

Invesco Pa Value Muni trades on the NYSE stock market under the symbol VPV.

As of April 19, 2024, VPV stock price climbed to $9.94 with 30,179 million shares trading.

VPV has a beta of 0.58, meaning it tends to be less sensitive to market movements. VPV has a correlation of 0.37 to the broad based SPY ETF.

VPV has a market cap of $236.87 million. This is considered a Small Cap stock.

In the last 3 years, VPV stock traded as high as $14.00 and as low as $8.60.

VPV has underperformed the market in the last year with a return of +3.8%, while the SPY ETF gained +21.2%. In the last 3 month period, VPV fell short of the market, returning +1.1%, while SPY returned +4.3%. However, in the most recent 2 weeks VPV has outperformed the stock market by returning -1.3%, while SPY returned -3.5%.

VPV support price is $9.87 and resistance is $9.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VPV stock will trade within this expected range on the day.