Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Shares Down 1.2% – What’s Next?

by · The Markets Daily

Shares of Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA – Get Free Report) dropped 1.2% during trading on Tuesday . The company traded as low as $123.65 and last traded at $123.65. Approximately 1,325 shares changed hands during trading, a decline of 44% from the average session volume of 2,359 shares. The stock had previously closed at $125.12.

Invesco Zacks Mid-Cap ETF Price Performance

The firm’s fifty day moving average price is $125.28 and its 200-day moving average price is $119.15. The firm has a market capitalization of $186.71 million, a P/E ratio of 18.93 and a beta of 0.82.

Hedge Funds Weigh In On Invesco Zacks Mid-Cap ETF

Several hedge funds have recently modified their holdings of the company. Citadel Advisors LLC lifted its holdings in shares of Invesco Zacks Mid-Cap ETF by 2.0% in the second quarter. Citadel Advisors LLC now owns 5,941 shares of the company’s stock valued at $729,000 after buying an additional 115 shares during the period. First Heartland Consultants Inc. acquired a new position in Invesco Zacks Mid-Cap ETF during the second quarter worth about $208,000. Royal Bank of Canada grew its holdings in Invesco Zacks Mid-Cap ETF by 6.6% during the first quarter. Royal Bank of Canada now owns 9,613 shares of the company’s stock worth $1,059,000 after acquiring an additional 599 shares during the period. Cetera Investment Advisers raised its position in Invesco Zacks Mid-Cap ETF by 9.1% in the first quarter. Cetera Investment Advisers now owns 8,048 shares of the company’s stock worth $887,000 after acquiring an additional 671 shares in the last quarter. Finally, IMC Chicago LLC raised its position in Invesco Zacks Mid-Cap ETF by 26.2% in the first quarter. IMC Chicago LLC now owns 35,329 shares of the company’s stock worth $3,891,000 after acquiring an additional 7,339 shares in the last quarter.

Invesco Zacks Mid-Cap ETF Company Profile

(Get Free Report)

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). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).

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