CZA Invesco Zacks Mid-Cap ETF
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Invesco Zacks Mid-Cap ETF (CZA) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2007-04-02
- Has Options
- No
- Expense ratio
- 0.69% prospectus, filed Aug 27, 2025
- Assets
- $175M shares × price, Oct 20, 2026
- Trailing yield
- 1.40% paid annual
- Average daily volume
- $474K 30 sessions
- Holdings
- 102 top 10 are 20.1%
- Listed
- Apr 2, 2007 NYSE Arca
- Last fee change
- -3 bp filed Aug 27, 2024
- Tracking difference
- -0.91 pts vs index, after fees, FY 2026
Moves with. US large-cap stocks (60% of its variance, beta 0.96); Small caps over large (10% of its variance, beta 0.23); Value over growth (5% of its variance, beta 0.47); Developed markets ex-US over US (4% of its variance, beta 0.19). These factors explain 80% of its daily moves over the last year.
Stated objective. The Invesco Zacks Mid-Cap ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Zacks Mid-Cap Core Index (the Underlying Index). (from the fund's prospectus)
All 102 holdingsFlow historySimilar fundsOverlap toolAll Mid Cap Blend ETFs
- Jul 2026
- −$1.2M latest reported month
- Latest 3 months
- −$9.5M −5.0% of assets
- Latest 12 months
- −$21M −11.2% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | −$1.2M |
| Jun 2026 | −$5.9M |
| May 2026 | −$2.3M |
| Apr 2026 | −$3.5M |
| Mar 2026 | −$1.1M |
| Feb 2026 | +$50 |
| Jan 2026 | −$1.8M |
| Dec 2025 | −$1.1M |
| Nov 2025 | −$2.2M |
| Oct 2025 | +$1.1M |
| Sep 2025 | −$1.1M |
| Aug 2025 | −$2.2M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| NUMVNuveen ESG Mid-Cap Value ETF | 19% | 0.31% | $448M | +15.5% | compare |
| FEMVFidelity Enhanced Mid Cap Value ETF | 17% | 0.23% | $6.7M | — | compare |
| ONEVState Street SPDR Russell 1000 Low Volatility Focus ETF | 17% | 0.20% | $278M | +11.9% | compare |
| DIVGInvesco S&P 500 High Dividend Growers ETF | 17% | — | — | +15.0% | compare |
| TMSLT. Rowe Price Small-Mid Cap ETF | 16% | 0.55% | $2.7B | +17.8% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +9.9% 41% under, 20% over · 99% covered
- Price / earnings
- 16.8 2% loss-making · 94% covered
- Price / book · sales
- 2.3 · 1.5 revenue growth +5.4%
- Above 200-day average
- 58% 55% above 50-day · by weight
- Short interest
- 3.7% of float, weighted · 3.4 days to cover
- Insider buying
- 4% of weight had net insider buying, 90 days; 57% net selling
- 13F holders
- +0.1% change in shares held by institutions, latest quarter
- Reporting earnings
- 37.3% of weight in 7 days; 74.7% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | BDXBecton, Dickinson and Co. | — | 2.14% | — |
| Exit | STTState Street Corp. | 2.08% | — | — |
| New position | WCNWaste Connections, Inc. | — | 1.94% | — |
| Exit | ROPRoper Technologies, Inc. | 1.85% | — | — |
| Exit | PCGPG&E Corp. | 1.83% | — | — |
| Exit | VIKViking Holdings Ltd. | 1.74% | — | — |
| New position | VGVenture Global, Inc. | — | 1.67% | — |
| New position | ZTSZoetis Inc. | — | 1.62% | — |
| Exit | FLEXFlex Ltd. | 1.61% | — | — |
| New position | RPRXRoyalty Pharma PLC | — | 1.61% | — |
- Authorized participants
- 6 active of 40 with agreements; top 3 did 92%
- Created · redeemed
- $41M · $62M over the fiscal year
- Redemptions in kind
- 100% creations 100% in kind
- Creation unit
- 10,000 shares
- Securities lending
- 3.81% of assets on loan on average; earned 1.1 bp
- Return vs index
- -0.91 pts after fees; -0.08 before; daily s.d. 0.11
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-22 | 2025-12-26 | $1.7251 | CD |
| 2024-12-23 | 2024-12-27 | $1.3202 | CD |
| 2023-12-18 | 2023-12-22 | $1.2801 | CD |
| 2022-12-19 | 2022-12-23 | $1.5194 | CD |
| 2021-12-20 | 2021-12-31 | $0.8514 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| BDX | Becton, Dickinson and Co. | 2.14% | Equity (common) | US |
| — | Invesco Private Prime Fund | 2.10% | Short-term investment | US |
| PRU | Prudential Financial, Inc. | 2.08% | Equity (common) | US |
| AIG | American International Group, Inc. | 2.03% | Equity (common) | US |
| SYY | Sysco Corp. | 1.96% | Equity (common) | US |
| WCN | Waste Connections, Inc. | 1.94% | Equity (common) | CA |
| HIG | Hartford Insurance Group, Inc. (The) | 1.89% | Equity (common) | US |
| BAP | Credicorp Ltd. | 1.88% | Equity (common) | BM |
| PEG | Public Service Enterprise Group Inc. | 1.82% | Equity (common) | US |
| A | Agilent Technologies, Inc. | 1.81% | Equity (common) | US |
| IQV | IQVIA Holdings Inc. | 1.74% | Equity (common) | US |
| LVS | Las Vegas Sands Corp. | 1.68% | Equity (common) | US |
| TCOM | Trip.com Group Ltd. | 1.68% | Equity (common) | KY |
| ACGL | Arch Capital Group Ltd. | 1.68% | Equity (common) | BM |
| VG | Venture Global, Inc. | 1.67% | Equity (common) | US |
| NTRS | Northern Trust Corp. | 1.63% | Equity (common) | US |
| ZTS | Zoetis Inc. | 1.62% | Equity (common) | US |
| RPRX | Royalty Pharma PLC | 1.61% | Equity (common) | GB |
| HBAN | Huntington Bancshares Inc. | 1.61% | Equity (common) | US |
| WTW | Willis Towers Watson PLC | 1.55% | Equity (common) | IE |
| EXR | Extra Space Storage Inc. | 1.52% | Equity (common) | US |
| TDY | Teledyne Technologies Inc. | 1.48% | Equity (common) | US |
| ZM | Zoom Communications, Inc. | 1.45% | Equity (common) | US |
| GEHC | GE HealthCare Technologies Inc. | 1.45% | Equity (common) | US |
| FISV | Fiserv, Inc. | 1.43% | Equity (common) | US |
| DTE | DTE Energy Co. | 1.41% | Equity (common) | US |
| OTIS | Otis Worldwide Corp. | 1.36% | Equity (common) | US |
| AMRZ | Amrize Ltd. | 1.32% | Equity (common) | CH |
| DOV | Dover Corp. | 1.32% | Equity (common) | US |
| XYL | Xylem Inc. | 1.31% | Equity (common) | US |
| CINF | Cincinnati Financial Corp. | 1.30% | Equity (common) | US |
| ES | Eversource Energy | 1.28% | Equity (common) | US |
| TW | Tradeweb Markets Inc. | 1.27% | Equity (common) | US |
| DGX | Quest Diagnostics Inc. | 1.20% | Equity (common) | US |
| AER | AerCap Holdings N.V. | 1.20% | Equity (common) | NL |
| EQR | Equity Residential | 1.17% | Equity (common) | US |
| KEY | KeyCorp | 1.17% | Equity (common) | US |
| FFIV | F5, Inc. | 1.12% | Equity (common) | US |
| AXIAPC | Axia Energia S.A. | 1.09% | Equity (common) | BR |
| VLTO | Veralto Corp. | 1.09% | Equity (common) | US |
| SNX | TD SYNNEX Corp. | 1.04% | Equity (common) | US |
| NI | NiSource Inc. | 1.04% | Equity (common) | US |
| THC | Tenet Healthcare Corp. | 1.02% | Equity (common) | US |
| RS | Reliance, Inc. | 1.00% | Equity (common) | US |
| SBAC | SBA Communications Corp. | 0.98% | Equity (common) | US |
| VTRS | Viatris Inc. | 0.97% | Equity (common) | US |
| DD | DuPont de Nemours, Inc. | 0.95% | Equity (common) | US |
| WES | Western Midstream Partners, L.P. | 0.91% | Equity (common) | US |
| YUMC | Yum China Holdings, Inc. | 0.89% | Equity (common) | US |
| RGLD | Royal Gold, Inc. | 0.87% | Equity (common) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 2.98% | $5.6M | 3 |
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 0.15% | -4.37% | 5.59% | -1.43% | 4.17% | 2.25% | 1.06% |
| Feb | 1.98% | -0.59% | -2.71% | 3.26% | 0.61% | 2.89% | 0.91% |
| Mar | 6.27% | 5.50% | -4.60% | 5.25% | -2.25% | -6.92% | 0.54% |
| Apr | 4.75% | -5.67% | -0.82% | -4.21% | -2.96% | 5.24% | -0.61% |
| May | 1.33% | 1.41% | -3.99% | 3.11% | 4.20% | 0.51% | 1.09% |
| Jun | -1.06% | -6.97% | 6.70% | -1.52% | 2.05% | 4.62% | 0.64% |
| Jul | 2.02% | 6.33% | 1.50% | 6.21% | -1.59% | 1.66% | 2.69% |
| Aug | 2.42% | -1.99% | -2.07% | 4.50% | 4.16% | -1.32% | 0.95% |
| Sep | -4.83% | -9.27% | -4.41% | 3.80% | 1.26% | -4.76% | -3.04% |
| Oct | 3.43% | 5.50% | -3.22% | 0.10% | -0.93% | 4.10%* | 1.50% |
| Nov | -4.20% | 7.08% | 8.64% | 5.96% | 3.31% | -- | 4.16% |
| Dec | 7.25% | -4.61% | 4.10% | -7.96% | -0.37% | -- | -0.32% |
| Total | 20.45% | -9.06% | 3.55% | 17.19% | 11.89% | 7.78% | 8.64% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: CZA
Executive Summary
Overall Assessment: NEUTRAL with confidence level (5/10)
Key Drivers and Primary Risks:
- Technical signals indicate a neutral trend, with short-term momentum slowing down.
- Recent news headlines have been neutral, without any significant market-moving events.
Investment Thesis: CZA is trading within a range-bound environment, awaiting catalysts to break out or retest key support levels. The stock's low volatility and positive beta suggest it may be a defensive play in the current market.
Recent News Sentiment Impact: The recent news headlines have been neutral, with no significant events impacting the stock price. This lack of market-moving news has kept CZA within its trading range.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Uptrend
- Long-term (3-12 months): Bullish
Support/Resistance Levels: The stock is currently trading around the $126.85 level, which has been a support/resistance zone in the past. The upper Bollinger Band sits at $129.13, while the lower band is at $123.19.
Momentum Signals:
- RSI (14): 60.38 (neutral)
- MACD: Bullish momentum with a histogram of 1.31
- Stochastic %K: 86.87
- Stochastic %D: 92.90
- Williams %R: -36.09
Volume Analysis: The stock's volume has been declining, indicating decreased institutional interest.
News & Sentiment Analysis
Recent Headlines Summary: The recent news headlines have been neutral, without any significant market-moving events.
Sentiment Assessment: Neutral sentiment prevails, with no strong emotional cues driving the stock price.
Catalyst Identification: No immediate catalysts are apparent, but earnings reports or product launches could provide a spark in the near term.
Market Narrative: The neutral market narrative has kept CZA within its trading range, awaiting a catalyst to break out or retest key support levels.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to the market (beta = 0.59).
Volatility Regime: Low volatility regime is currently in place, with the stock moving less than the broader market.
Options Market Signals: No options data available.
Downside Protection: Support levels at $123.19 and $116.06 are in place to provide downside protection.
Market Context & Positioning
Sector Performance: CZA's sector has been performing relatively well, but not exceptionally strong.
Institutional Activity: Institutional interest appears low, with decreasing volume trends.
Correlation Analysis: The stock has a moderate correlation (R-squared = 0.61) with the broader market.
Relative Valuation: The stock is trading within its historical range and does not appear particularly overvalued or undervalued.
Key Levels & Action Items
Critical Price Levels: The $126.85 level is currently a key support/resistance zone, while the upper Bollinger Band sits at $129.13.
Breakout/Breakdown Levels: A breakout above $129.13 or a breakdown below $123.19 could trigger significant moves.
Time-Sensitive Catalysts: Earnings reports or product launches in the near term could provide catalysts for the stock price.
Risk Management: A stop-loss level around $122.50 and position sizing considerations should be taken into account to manage risk.
CZA Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
CZA Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
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| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|