Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Short Interest Down 72.0% in July

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 120 shares, a decrease of 72.0% from the June 30th total of 428 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,131 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Zacks Mid-Cap ETF Stock Up 1.1%

Invesco Zacks Mid-Cap ETF stock traded up $1.35 during mid-day trading on Friday, reaching $124.47. The company had a trading volume of 4,629 shares, compared to its average volume of 2,227. The firm has a market cap of $187.95 million, a price-to-earnings ratio of 18.93 and a beta of 0.82. The company has a 50 day moving average of $120.40 and a 200-day moving average of $116.56. Invesco Zacks Mid-Cap ETF has a 52 week low of $104.49 and a 52 week high of $125.20.

Institutional Investors Weigh In On Invesco Zacks Mid-Cap ETF

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in Invesco Zacks Mid-Cap ETF by 15.8% during the first quarter. Royal Bank of Canada now owns 10,124 shares of the company’s stock worth $1,052,000 after buying an additional 1,381 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Invesco Zacks Mid-Cap ETF by 33.6% during the first quarter. Goldman Sachs Group Inc. now owns 21,871 shares of the company’s stock valued at $2,272,000 after acquiring an additional 5,503 shares during the period. Raymond James Financial Inc. raised its holdings in Invesco Zacks Mid-Cap ETF by 44.4% in the 2nd quarter. Raymond James Financial Inc. now owns 19,649 shares of the company’s stock valued at $2,096,000 after acquiring an additional 6,045 shares in the last quarter. Bank of America Corp DE raised its holdings in Invesco Zacks Mid-Cap ETF by 3.3% in the 2nd quarter. Bank of America Corp DE now owns 6,101 shares of the company’s stock valued at $651,000 after acquiring an additional 196 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new position in Invesco Zacks Mid-Cap ETF in the 2nd quarter valued at approximately $342,000.

Invesco Zacks Mid-Cap ETF Company Profile

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).