What does Invesco Zacks Mid-Cap ETF do?
Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) is an exchange-traded fund managed by Invesco, focusing on the mid-cap segment of the market. This ETF aims to replicate the performance of the Zacks Mid-Cap Core Index, which is composed of selected stocks that exhibit desirable investment attributes according to Zacks Investment Research. The fund strives to outperform the mid-cap space by employing a strategy that emphasizes stocks with the potential for both capital appreciation and income. Invesco Zacks Mid-Cap ETF targets investors looking for a blend of growth and value within the mid-cap range, making it suitable for those seeking to diversify their investment portfolio with companies that have the potential for higher growth compared to large-cap stocks but are generally less volatile than small-cap stocks. The fund's objectives include long-term capital growth with some income generation, leveraging Zacks' proprietary selection methodology to achieve these goals.