Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Update

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 7,018 shares, a growth of 54.4% from the January 15th total of 4,546 shares. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is presently 1.4 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CVY. Harbour Investments Inc. lifted its holdings 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 buying an additional 523 shares during the period. Raymond James Financial Inc. increased its stake in Invesco Zacks Multi-Asset Income ETF by 2.4% in 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 in the last quarter. JPMorgan Chase & Co. bought a new stake in Invesco Zacks Multi-Asset Income ETF during the 3rd quarter valued at approximately $29,000. HBK Sorce Advisory LLC raised its position in shares of Invesco Zacks Multi-Asset Income ETF by 1.4% during the fourth quarter. HBK Sorce Advisory LLC now owns 101,643 shares of the company’s stock valued at $2,920,000 after buying an additional 1,398 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in 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 purchasing an additional 1,529 shares in the last quarter.

Invesco Zacks Multi-Asset Income ETF Trading Up 0.5%

NYSEARCA:CVY traded up $0.14 during mid-day trading on Friday, reaching $28.51. The company’s stock had a trading volume of 2,876 shares, compared to its average volume of 3,969. Invesco Zacks Multi-Asset Income ETF has a 12-month low of $21.79 and a 12-month high of $29.03. The firm’s fifty day moving average price is $27.63 and its two-hundred day moving average price is $26.95. The stock has a market cap of $120.31 million, a P/E ratio of 10.24 and a beta of 0.89.

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.