Raymond James Financial Inc. Acquires New Position in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY)

Raymond James Financial Inc. acquired a new position in shares of Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 32,729 shares of the company’s stock, valued at approximately $823,000. Raymond James Financial Inc. owned approximately 0.72% of Invesco Zacks Multi-Asset Income ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CVY. LPL Financial LLC grew 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 acquiring an additional 4,415 shares during the period. HBK Sorce Advisory LLC increased its position in shares of 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 valued at $2,772,000 after buying an additional 622 shares in the last quarter. Cape Investment Advisory Inc. acquired a new position in shares of Invesco Zacks Multi-Asset Income ETF during the 4th quarter worth $30,000. Finally, MGB Wealth Management LLC boosted its position in shares of Invesco Zacks Multi-Asset Income ETF by 14.7% in the 4th quarter. MGB Wealth Management LLC now owns 66,548 shares of the company’s stock worth $1,674,000 after buying an additional 8,511 shares in the last quarter.

Invesco Zacks Multi-Asset Income ETF Trading Down 0.1 %

Shares of NYSEARCA CVY opened at $24.50 on Wednesday. The stock has a market cap of $108.78 million, a price-to-earnings ratio of 9.97 and a beta of 0.93. The company’s 50-day moving average price is $24.58 and its 200 day moving average price is $25.56. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $21.79 and a 52 week high of $27.27.

Invesco Zacks Multi-Asset Income ETF Profile

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.