Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Update

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 851 shares, a decrease of 62.9% from the June 15th total of 2,294 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,993 shares, the days-to-cover ratio is currently 0.2 days.

Invesco Zacks Multi-Asset Income ETF Stock Up 0.2%

Shares of Invesco Zacks Multi-Asset Income ETF stock traded up $0.07 during trading on Wednesday, hitting $29.68. 1,290 shares of the stock traded hands, compared to its average volume of 4,776. The stock has a market cap of $121.98 million, a price-to-earnings ratio of 10.24 and a beta of 0.78. The firm’s fifty day moving average is $28.92 and its 200-day moving average is $28.20. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $25.63 and a 52 week high of $30.08.

Institutional Investors Weigh In On Invesco Zacks Multi-Asset Income ETF

A number of hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC grew its stake in shares of Invesco Zacks Multi-Asset Income ETF by 4,304.6% during the first 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 last quarter. LPL Financial LLC lifted its stake in shares of Invesco Zacks Multi-Asset Income ETF by 19.5% in the 4th quarter. LPL Financial LLC now owns 81,303 shares of the company’s stock valued at $2,180,000 after acquiring an additional 13,243 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Invesco Zacks Multi-Asset Income ETF in the 3rd quarter valued at about $341,000. Fifth Third Bancorp purchased a new stake in Invesco Zacks Multi-Asset Income ETF during the 1st quarter valued at about $145,000. Finally, Osaic Holdings Inc. boosted its holdings in Invesco Zacks Multi-Asset Income ETF by 36.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock valued at $488,000 after acquiring an additional 5,087 shares during the period.

Invesco Zacks Multi-Asset Income ETF Company Profile

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.