MGB Wealth Management LLC Buys 8,511 Shares of Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY)

MGB Wealth Management LLC grew its stake in shares of Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) by 14.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 66,548 shares of the company’s stock after purchasing an additional 8,511 shares during the period. MGB Wealth Management LLC’s holdings in Invesco Zacks Multi-Asset Income ETF were worth $1,674,000 as of its most recent filing with the SEC.

Separately, FMR LLC raised its holdings in Invesco Zacks Multi-Asset Income ETF by 47.8% in the 3rd quarter. FMR LLC now owns 2,820 shares of the company’s stock valued at $74,000 after acquiring an additional 912 shares in the last quarter.

Invesco Zacks Multi-Asset Income ETF Trading Down 1.1 %

Shares of NYSEARCA:CVY opened at $25.97 on Thursday. The firm has a market capitalization of $117.38 million, a PE ratio of 8.69 and a beta of 0.76. Invesco Zacks Multi-Asset Income ETF has a 1-year low of $23.32 and a 1-year high of $27.27. The business’s 50 day moving average is $25.85 and its 200-day moving average is $26.00.

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.