Wealth Enhancement Advisory Services LLC Makes New $1.03 Million Investment in Invesco Zacks Mid-Cap ETF $CZA

Wealth Enhancement Advisory Services LLC purchased a new position in Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) in the third quarter, HoldingsChannel reports. The firm purchased 9,403 shares of the company’s stock, valued at approximately $1,033,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CZA. Royal Bank of Canada boosted its stake in Invesco Zacks Mid-Cap ETF by 15.8% during the 1st quarter. Royal Bank of Canada now owns 10,124 shares of the company’s stock valued at $1,052,000 after purchasing an additional 1,381 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco Zacks Mid-Cap ETF by 33.6% in the first quarter. Goldman Sachs Group Inc. now owns 21,871 shares of the company’s stock valued at $2,272,000 after buying an additional 5,503 shares during the period. Truist Financial Corp lifted its holdings in shares of Invesco Zacks Mid-Cap ETF by 22.3% in the second quarter. Truist Financial Corp now owns 14,446 shares of the company’s stock valued at $1,541,000 after buying an additional 2,634 shares during the period. Ameritas Advisory Services LLC bought a new position in Invesco Zacks Mid-Cap ETF during the second quarter valued at about $58,000. Finally, Axxcess Wealth Management LLC grew its holdings in Invesco Zacks Mid-Cap ETF by 23.0% during the second quarter. Axxcess Wealth Management LLC now owns 5,865 shares of the company’s stock worth $626,000 after acquiring an additional 1,098 shares during the period.

Invesco Zacks Mid-Cap ETF Trading Up 0.5%

Shares of Invesco Zacks Mid-Cap ETF stock opened at $114.65 on Tuesday. Invesco Zacks Mid-Cap ETF has a 52 week low of $90.08 and a 52 week high of $115.18. The stock has a market cap of $188.03 million, a PE ratio of 18.93 and a beta of 0.89. The company’s 50-day moving average price is $112.85 and its two-hundred day moving average price is $110.17.

Invesco Zacks Mid-Cap ETF 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).