Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Stock Price Up 0.3% – Here’s What Happened

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA)’s stock price was up 0.3% during trading on Monday . The company traded as high as $111.86 and last traded at $111.86. Approximately 933 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 2,129 shares. The stock had previously closed at $111.52.

Invesco Zacks Mid-Cap ETF Stock Up 0.3%

The stock has a market capitalization of $181.21 million, a price-to-earnings ratio of 18.93 and a beta of 0.89. The stock’s 50-day simple moving average is $113.76 and its 200 day simple moving average is $111.90.

Hedge Funds Weigh In On Invesco Zacks Mid-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Empirical Asset Management LLC acquired a new position in Invesco Zacks Mid-Cap ETF in the third quarter valued at about $1,079,000. IMC Chicago LLC acquired a new position in Invesco Zacks Mid-Cap ETF in the third quarter valued at about $1,773,000. Wealth Enhancement Advisory Services LLC acquired a new position in Invesco Zacks Mid-Cap ETF in the third quarter valued at about $1,033,000. Compass Financial Services Inc acquired a new position in Invesco Zacks Mid-Cap ETF in the third quarter valued at about $43,000. Finally, Bank of America Corp DE boosted its position in Invesco Zacks Mid-Cap ETF by 3.3% in the second quarter. Bank of America Corp DE now owns 6,101 shares of the company’s stock valued at $651,000 after buying an additional 196 shares in the last quarter.

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). 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).