Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Sees Significant Drop in Short Interest

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,961 shares, a decrease of 64.2% from the February 12th total of 5,473 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,268 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 6,268 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Invesco Zacks Multi-Asset Income ETF Trading Down 0.3%

Shares of CVY stock traded down $0.09 on Friday, reaching $26.89. 11,217 shares of the company’s stock were exchanged, compared to its average volume of 4,974. The company’s fifty day simple moving average is $28.04 and its 200 day simple moving average is $27.19. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $21.79 and a 52 week high of $29.03. The stock has a market capitalization of $113.48 million, a PE ratio of 10.24 and a beta of 0.89.

Institutional Trading of Invesco Zacks Multi-Asset Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 349.9% in the 1st 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 during the period. Osaic Holdings Inc. increased its stake in shares of 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. HBK Sorce Advisory LLC raised its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 5.3% in the third quarter. HBK Sorce Advisory LLC now owns 108,198 shares of the company’s stock valued at $2,886,000 after acquiring an additional 5,489 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Invesco Zacks Multi-Asset Income ETF in the third quarter valued at about $29,000. Finally, Raymond James Financial Inc. lifted its stake in Invesco Zacks Multi-Asset Income ETF by 2.4% in the third quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after acquiring an additional 765 shares during the period.

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.