Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY – Get Free Report) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 321 shares, a drop of 82.1% from the September 30th total of 1,795 shares. Based on an average daily trading volume, of 2,577 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Investors Weigh In On Invesco Zacks Multi-Asset Income ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Sigma Planning Corp acquired a new position in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter valued at about $202,000. Fifth Third Bancorp purchased a new stake in shares of Invesco Zacks Multi-Asset Income ETF in the 1st quarter valued at approximately $145,000. Finally, Kestra Advisory Services LLC grew its stake 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 valued at $2,378,000 after buying an additional 85,833 shares during the period.
Invesco Zacks Multi-Asset Income ETF Stock Up 1.3%
Shares of CVY traded up $0.38 during midday trading on Thursday, reaching $29.24. The company had a trading volume of 782 shares, compared to its average volume of 4,429. Invesco Zacks Multi-Asset Income ETF has a 1-year low of $25.86 and a 1-year high of $30.86. The stock has a market cap of $119.88 million, a PE ratio of 10.24 and a beta of 0.80. The firm has a 50 day simple moving average of $29.56 and a 200-day simple moving average of $28.84.
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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