Kestra Advisory Services LLC Buys 85,833 Shares of Invesco Zacks Multi-Asset Income ETF $CVY

Kestra Advisory Services LLC raised its stake in shares of Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) by 4,304.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,827 shares of the company’s stock after buying an additional 85,833 shares during the quarter. Kestra Advisory Services LLC owned about 2.10% of Invesco Zacks Multi-Asset Income ETF worth $2,378,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new position in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter valued at $29,000. Harbour Investments Inc. increased its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 46.2% in the fourth 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. Jones Financial Companies Lllp raised its position in shares of Invesco Zacks Multi-Asset Income ETF by 349.9% in the first quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock worth $50,000 after buying an additional 1,529 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Invesco Zacks Multi-Asset Income ETF in the third quarter worth $341,000. Finally, Osaic Holdings Inc. boosted its stake in 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.

Invesco Zacks Multi-Asset Income ETF Stock Performance

CVY opened at $29.84 on Monday. The stock has a 50-day moving average price of $29.00 and a 200-day moving average price of $28.26. The stock has a market capitalization of $122.64 million, a P/E ratio of 10.24 and a beta of 0.78. Invesco Zacks Multi-Asset Income ETF has a 12-month low of $25.63 and a 12-month high of $30.08.

Invesco Zacks Multi-Asset Income ETF 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.