Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $109.85 and traded as high as $112.51. Invesco Zacks Mid-Cap ETF shares last traded at $112.45, with a volume of 1,219 shares.

Invesco Zacks Mid-Cap ETF Trading Up 0.0 %

The company has a market capitalization of $224.90 million, a PE ratio of 20.55 and a beta of 0.81. The stock has a fifty day simple moving average of $109.85 and a 200-day simple moving average of $103.98.

Institutional Trading of Invesco Zacks Mid-Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in CZA. Strategic Financial Concepts LLC purchased a new stake in shares of Invesco Zacks Mid-Cap ETF in the 2nd quarter valued at about $31,000. Clear Creek Financial Management LLC purchased a new stake in shares of Invesco Zacks Mid-Cap ETF in the 3rd quarter valued at about $207,000. Savvy Advisors Inc. purchased a new stake in shares of Invesco Zacks Mid-Cap ETF in the 3rd quarter valued at about $340,000. Cetera Advisors LLC purchased a new stake in shares of Invesco Zacks Mid-Cap ETF in the 1st quarter valued at about $555,000. Finally, Axxcess Wealth Management LLC purchased a new stake in shares of Invesco Zacks Mid-Cap ETF in the 2nd quarter valued at about $583,000.

About Invesco Zacks Mid-Cap ETF

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index).