Wells Fargo & Company MN Sells 1,066 Shares of Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY)

Wells Fargo & Company MN lessened its position in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) by 4.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,336 shares of the company’s stock after selling 1,066 shares during the period. Wells Fargo & Company MN owned about 0.56% of Invesco Zacks Multi-Asset Income ETF worth $637,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. MGB Wealth Management LLC increased its position in Invesco Zacks Multi-Asset Income ETF by 14.7% during the fourth quarter. MGB Wealth Management LLC now owns 66,548 shares of the company’s stock valued at $1,674,000 after acquiring an additional 8,511 shares during the last quarter. Cape Investment Advisory Inc. bought a new stake in Invesco Zacks Multi-Asset Income ETF in the 4th quarter valued at $30,000. Raymond James Financial Inc. purchased a new position in Invesco Zacks Multi-Asset Income ETF during the 4th quarter valued at approximately $823,000. HBK Sorce Advisory LLC increased its position in Invesco Zacks Multi-Asset Income ETF by 0.6% in the fourth quarter. HBK Sorce Advisory LLC now owns 110,167 shares of the company’s stock worth $2,772,000 after purchasing an additional 622 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 61,167 shares of the company’s stock worth $1,539,000 after purchasing an additional 4,415 shares during the period.

Invesco Zacks Multi-Asset Income ETF Price Performance

Shares of NYSEARCA CVY opened at $24.69 on Friday. The company has a market cap of $109.62 million, a P/E ratio of 9.97 and a beta of 0.93. The firm has a 50-day simple moving average of $24.64 and a two-hundred day simple moving average of $25.59. Invesco Zacks Multi-Asset Income ETF has a 1 year low of $21.79 and a 1 year high of $27.27.

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.