Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,922 shares, a growth of 142.4% from the July 30th total of 793 shares. Based on an average daily volume of 4,490 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.
Invesco Zacks Multi-Asset Income ETF Stock Performance
CVY stock traded up $0.01 during mid-day trading on Friday, reaching $30.62. 269 shares of the stock traded hands, compared to its average volume of 4,575. Invesco Zacks Multi-Asset Income ETF has a one year low of $25.81 and a one year high of $30.71. The stock has a market capitalization of $125.85 million, a PE ratio of 10.24 and a beta of 0.78. The business has a 50-day moving average price of $29.83 and a two-hundred day moving average price of $28.77.
Institutional Trading of Invesco Zacks Multi-Asset Income ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. HBK Sorce Advisory LLC grew its stake in Invesco Zacks Multi-Asset Income ETF by 1.4% in the fourth quarter. HBK Sorce Advisory LLC now owns 101,643 shares of the company’s stock worth $2,920,000 after purchasing an additional 1,398 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 4,304.6% in the 1st quarter. Kestra Advisory Services LLC now owns 87,827 shares of the company’s stock worth $2,378,000 after buying an additional 85,833 shares during the period. LPL Financial LLC grew its position in shares of Invesco Zacks Multi-Asset Income ETF by 19.5% during the 4th quarter. LPL Financial LLC now owns 81,303 shares of the company’s stock worth $2,180,000 after buying an additional 13,243 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Invesco Zacks Multi-Asset Income ETF by 2.4% during the 3rd quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after buying an additional 765 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of Invesco Zacks Multi-Asset Income ETF by 36.7% during the second quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock valued at $488,000 after buying an additional 5,087 shares during the period.
About Invesco Zacks Multi-Asset Income ETF
The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks.
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