Raymond James Financial Inc. Acquires Shares of 32,729 Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY)

Raymond James Financial Inc. acquired a new position in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) during the fourth quarter, Holdings Channel.com reports. The firm acquired 32,729 shares of the company’s stock, valued at approximately $823,000.

Several other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC grew its stake in shares of Invesco Zacks Multi-Asset Income ETF by 7.8% during 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. Cape Investment Advisory Inc. acquired a new stake in Invesco Zacks Multi-Asset Income ETF during the fourth quarter valued at $30,000. MGB Wealth Management LLC increased its holdings in Invesco Zacks Multi-Asset Income ETF by 14.7% in the fourth quarter. MGB Wealth Management LLC now owns 66,548 shares of the company’s stock valued at $1,674,000 after buying an additional 8,511 shares in the last quarter. Finally, HBK Sorce Advisory LLC increased its holdings 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 valued at $2,772,000 after buying an additional 622 shares in the last quarter.

Invesco Zacks Multi-Asset Income ETF Stock Down 0.1 %

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

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.