Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Shares Down 0.8% – Time to Sell?

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) dropped 0.8% during trading on Monday . The company traded as low as $126.85 and last traded at $126.85. 231 shares were traded during trading, a decline of 89% from the average session volume of 2,099 shares. The stock had previously closed at $127.81.

Invesco Zacks Mid-Cap ETF Stock Performance

The firm’s fifty day moving average price is $123.53 and its 200 day moving average price is $118.03. The firm has a market cap of $191.54 million, a P/E ratio of 18.93 and a beta of 0.82.

Institutional Trading of Invesco Zacks Mid-Cap ETF

A number of hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank bought a new position in shares of Invesco Zacks Mid-Cap ETF during the 4th quarter worth approximately $39,889,000. IMC Chicago LLC boosted its stake in Invesco Zacks Mid-Cap ETF by 73.4% in the fourth quarter. IMC Chicago LLC now owns 27,990 shares of the company’s stock valued at $3,101,000 after acquiring an additional 11,848 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in Invesco Zacks Mid-Cap ETF in the fourth quarter valued at approximately $1,264,000. Empirical Asset Management LLC grew its holdings in Invesco Zacks Mid-Cap ETF by 62.2% in the fourth quarter. Empirical Asset Management LLC now owns 15,926 shares of the company’s stock worth $1,765,000 after purchasing an additional 6,105 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Invesco Zacks Mid-Cap ETF by 44.4% in the second quarter. Raymond James Financial Inc. now owns 19,649 shares of the company’s stock worth $2,096,000 after purchasing an additional 6,045 shares during the last quarter.

Invesco Zacks Mid-Cap ETF Company Profile

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).