Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Shares Sold by 1900 Wealth Management LLC

1900 Wealth Management LLC trimmed its position in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 8.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,549 shares of the company’s stock after selling 5,546 shares during the period. 1900 Wealth Management LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $4,921,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of POWA. IMC Chicago LLC purchased a new stake in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at $880,000. Hilltop Holdings Inc. purchased a new stake in Invesco Bloomberg Pricing Power ETF during the third quarter worth about $692,000. IHT Wealth Management LLC increased its stake in Invesco Bloomberg Pricing Power ETF by 60.6% during the third quarter. IHT Wealth Management LLC now owns 16,183 shares of the company’s stock worth $1,369,000 after purchasing an additional 6,106 shares during the period. Sigma Planning Corp lifted its position in shares of Invesco Bloomberg Pricing Power ETF by 69.4% during the third quarter. Sigma Planning Corp now owns 8,727 shares of the company’s stock worth $741,000 after purchasing an additional 3,575 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Invesco Bloomberg Pricing Power ETF by 140.6% in the third quarter. FMR LLC now owns 4,663 shares of the company’s stock valued at $396,000 after purchasing an additional 2,725 shares during the period.

Invesco Bloomberg Pricing Power ETF Stock Up 0.0 %

Shares of POWA opened at $84.92 on Friday. The company has a market cap of $210.60 million, a P/E ratio of 25.60 and a beta of 0.74. Invesco Bloomberg Pricing Power ETF has a fifty-two week low of $73.02 and a fifty-two week high of $87.68. The firm’s 50 day moving average price is $83.87 and its 200 day moving average price is $83.32.

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.