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

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,492 shares, a drop of 23.9% from the February 26th total of 1,961 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 6,899 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Zacks Multi-Asset Income ETF Stock Performance

Invesco Zacks Multi-Asset Income ETF stock opened at $26.62 on Friday. Invesco Zacks Multi-Asset Income ETF has a fifty-two week low of $21.79 and a fifty-two week high of $29.03. The company has a market capitalization of $112.34 million, a P/E ratio of 10.24 and a beta of 0.89. The stock has a 50-day simple moving average of $27.89 and a 200-day simple moving average of $27.18.

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

Large investors have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in shares of Invesco Zacks Multi-Asset Income ETF during the fourth quarter worth approximately $53,000. LPL Financial LLC raised its position in 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 purchasing an additional 13,243 shares during the last quarter. Harbour Investments Inc. boosted its stake in Invesco Zacks Multi-Asset Income ETF by 46.2% during the 4th quarter. Harbour Investments Inc. now owns 1,655 shares of the company’s stock worth $44,000 after purchasing an additional 523 shares during the period. HBK Sorce Advisory LLC boosted its stake in Invesco Zacks Multi-Asset Income ETF by 1.4% during the 4th 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 during the period. Finally, JPMorgan Chase & Co. purchased a new position in Invesco Zacks Multi-Asset Income ETF during the 3rd quarter worth $29,000.

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.