Fmr LLC Has $396,000 Stock Position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Fmr LLC raised its stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 140.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,663 shares of the company’s stock after purchasing an additional 2,725 shares during the period. Fmr LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $396,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of POWA. Delos Wealth Advisors LLC lifted its stake in shares of Invesco Bloomberg Pricing Power ETF by 9.0% in the second quarter. Delos Wealth Advisors LLC now owns 32,817 shares of the company’s stock valued at $2,549,000 after buying an additional 2,706 shares during the period. Global Wealth Strategies & Associates acquired a new position in Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at approximately $29,000. Wesbanco Bank Inc. acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF during the 3rd quarter worth approximately $206,000. Sigma Planning Corp increased 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 valued at $741,000 after purchasing an additional 3,575 shares during the period. Finally, 1900 Wealth Management LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 24.7% during the third quarter. 1900 Wealth Management LLC now owns 82,404 shares of the company’s stock valued at $6,469,000 after purchasing an additional 16,309 shares during the period.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of POWA stock opened at $82.12 on Friday. Invesco Bloomberg Pricing Power ETF has a one year low of $70.81 and a one year high of $87.68. The stock has a fifty day moving average price of $85.43 and a 200 day moving average price of $82.17. The stock has a market cap of $203.66 million, a P/E ratio of 25.60 and a beta of 0.74.

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.