Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Shares Sold by BCS Wealth Management

BCS Wealth Management decreased its stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 10.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,773 shares of the company’s stock after selling 327 shares during the quarter. BCS Wealth Management owned approximately 0.11% of Invesco Bloomberg Pricing Power ETF worth $225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Global Wealth Strategies & Associates acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 3rd quarter worth about $29,000. Wesbanco Bank Inc. acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF in the third quarter worth approximately $206,000. FMR LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 140.6% during the third quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after purchasing an additional 2,725 shares in the last quarter. Hilltop Holdings Inc. acquired a new position in Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at $692,000. Finally, Sigma Planning Corp lifted its holdings in Invesco Bloomberg Pricing Power ETF by 69.4% in the 3rd quarter. Sigma Planning Corp now owns 8,727 shares of the company’s stock valued at $741,000 after purchasing an additional 3,575 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Stock Up 0.4 %

Invesco Bloomberg Pricing Power ETF stock opened at $81.88 on Wednesday. The company has a fifty day simple moving average of $84.55 and a 200-day simple moving average of $82.69. The firm has a market capitalization of $203.06 million, a price-to-earnings ratio of 25.60 and a beta of 0.74. Invesco Bloomberg Pricing Power ETF has a 52-week low of $71.54 and a 52-week high of $87.68.

Invesco Bloomberg Pricing Power ETF Company Profile

The Invesco Bloomberg Pricing Power ETF (POWA) is an exchange-traded fund that is based on the Bloomberg Pricing Power index. The fund selects US large- and mid-cap stocks of companies considered well-positioned to maintain stable profit margins in all market conditions. Stocks satisfying a four factor screening process are included in the index, on an equal-weight basis POWA was launched on Dec 15, 2006 and is issued by Invesco.