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 February. As of February 13th, there was short interest totaling 5,473 shares, a decrease of 22.0% from the January 29th total of 7,018 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,718 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 2,718 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.1% of the company’s shares are short sold.

Invesco Zacks Multi-Asset Income ETF Trading Down 1.1%

CVY stock opened at $28.29 on Monday. The firm has a market cap of $119.38 million, a PE ratio of 10.24 and a beta of 0.89. The stock has a 50-day moving average price of $27.92 and a 200-day moving average price of $27.13. Invesco Zacks Multi-Asset Income ETF has a 1-year low of $21.79 and a 1-year high of $29.03.

Hedge Funds Weigh In On Invesco Zacks Multi-Asset Income ETF

Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new stake in shares of Invesco Zacks Multi-Asset Income ETF during the 3rd quarter worth approximately $29,000. Harbour Investments Inc. lifted its position in shares of 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 valued at $44,000 after acquiring an additional 523 shares during the period. Jones Financial Companies Lllp boosted its stake in Invesco Zacks Multi-Asset Income ETF by 349.9% during the first quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock worth $50,000 after acquiring an additional 1,529 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Invesco Zacks Multi-Asset Income ETF in the fourth quarter worth $53,000. Finally, Citadel Advisors LLC acquired a new stake in Invesco Zacks Multi-Asset Income ETF in the third quarter worth $341,000.

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.