Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Drops By 23.9%

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

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

Several institutional investors and hedge funds have recently made changes to their positions in CVY. HBK Sorce Advisory LLC boosted its position in Invesco Zacks Multi-Asset Income ETF by 5.3% during the third quarter. HBK Sorce Advisory LLC now owns 108,198 shares of the company’s stock worth $2,886,000 after purchasing an additional 5,489 shares in the last quarter. LPL Financial LLC raised its stake in shares of Invesco Zacks Multi-Asset Income ETF by 19.5% during the 4th quarter. LPL Financial LLC now owns 81,303 shares of the company’s stock worth $2,180,000 after buying an additional 13,243 shares during the period. Raymond James Financial Inc. raised its stake in shares of Invesco Zacks Multi-Asset Income ETF by 2.4% during the 3rd quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after buying an additional 765 shares during the period. Osaic Holdings Inc. lifted its position in shares of Invesco Zacks Multi-Asset Income ETF by 36.7% during the 2nd 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 in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter valued at $341,000.

Invesco Zacks Multi-Asset Income ETF Trading Up 0.2%

Shares of CVY stock traded up $0.06 during trading hours on Monday, reaching $26.68. 7,019 shares of the company’s stock were exchanged, compared to its average volume of 5,279. Invesco Zacks Multi-Asset Income ETF has a 1 year low of $21.79 and a 1 year high of $29.03. The stock has a market cap of $112.59 million, a PE ratio of 10.24 and a beta of 0.89. The stock’s fifty day moving average price is $27.89 and its two-hundred day moving average price is $27.18.

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.