Raymond James Financial Inc. Invests $823,000 in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY)

Raymond James Financial Inc. acquired a new stake in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVYFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 32,729 shares of the company’s stock, valued at approximately $823,000.

Other hedge funds have also recently added to or reduced their stakes in the company. MGB Wealth Management LLC grew its stake in 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 valued at $1,674,000 after acquiring an additional 8,511 shares during the last quarter. FMR LLC raised its position in Invesco Zacks Multi-Asset Income ETF by 47.8% during the third quarter. FMR LLC now owns 2,820 shares of the company’s stock worth $74,000 after acquiring an additional 912 shares during the last quarter. Finally, Cape Investment Advisory Inc. purchased a new stake in shares of Invesco Zacks Multi-Asset Income ETF in the fourth quarter valued at about $30,000.

Invesco Zacks Multi-Asset Income ETF Price Performance

Shares of CVY opened at $23.04 on Friday. Invesco Zacks Multi-Asset Income ETF has a 1-year low of $22.83 and a 1-year high of $27.27. The stock has a market cap of $102.30 million, a price-to-earnings ratio of 10.16 and a beta of 0.93. The firm has a 50 day simple moving average of $25.75 and a 200-day simple moving average of $25.97.

Invesco Zacks Multi-Asset Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.2207 dividend. The ex-dividend date was Monday, March 24th.

About Invesco Zacks Multi-Asset Income ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVYFree Report).

Institutional Ownership by Quarter for Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY)

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