Capital Investment Advisory Services LLC Trims Stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Capital Investment Advisory Services LLC decreased its position in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,860 shares of the company’s stock after selling 322 shares during the period. Capital Investment Advisory Services LLC owned 0.76% of Invesco Bloomberg Pricing Power ETF worth $1,533,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in POWA. Global Wealth Strategies & Associates purchased a new stake in Invesco Bloomberg Pricing Power ETF during 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 third quarter worth $206,000. Sigma Planning Corp grew its position 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 buying an additional 3,575 shares during the last quarter. 1900 Wealth Management LLC increased its stake in Invesco Bloomberg Pricing Power ETF by 24.7% in the 3rd quarter. 1900 Wealth Management LLC now owns 82,404 shares of the company’s stock valued at $6,469,000 after buying an additional 16,309 shares during the period. Finally, FMR LLC lifted its stake in shares of Invesco Bloomberg Pricing Power ETF by 140.6% in the 3rd quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after acquiring an additional 2,725 shares during the period.

Invesco Bloomberg Pricing Power ETF Stock Down 0.6 %

Shares of Invesco Bloomberg Pricing Power ETF stock opened at $83.75 on Thursday. The firm has a market cap of $207.70 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 $72.38 and a 52-week high of $87.68. The company’s 50-day simple moving average is $84.13 and its 200-day simple moving average is $83.16.

Invesco Bloomberg Pricing Power ETF 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.