Delos Wealth Advisors LLC raised its stake in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA – Free Report) by 7.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,313 shares of the company’s stock after buying an additional 2,633 shares during the period. Invesco Bloomberg Pricing Power ETF comprises about 2.4% of Delos Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Delos Wealth Advisors LLC owned 1.50% of Invesco Bloomberg Pricing Power ETF worth $3,032,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of POWA. Jones Financial Companies Lllp raised its holdings in shares of Invesco Bloomberg Pricing Power ETF by 4,250.0% during the fourth quarter. Jones Financial Companies Lllp now owns 2,175 shares of the company’s stock worth $177,000 after acquiring an additional 2,125 shares in the last quarter. Calton & Associates Inc. acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF during the 4th quarter valued at about $218,000. FMR LLC raised its position in Invesco Bloomberg Pricing Power ETF by 140.6% during the third quarter. FMR LLC now owns 4,663 shares of the company’s stock valued at $396,000 after acquiring an additional 2,725 shares in the last quarter. Hilltop Holdings Inc. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the third quarter valued at approximately $692,000. Finally, Partners Wealth Management LLC bought a new stake in Invesco Bloomberg Pricing Power ETF in the fourth quarter worth approximately $758,000.
Invesco Bloomberg Pricing Power ETF Stock Down 1.4 %
Shares of POWA opened at $81.32 on Friday. Invesco Bloomberg Pricing Power ETF has a 12 month low of $74.07 and a 12 month high of $87.68. The company’s fifty day moving average is $83.22 and its 200-day moving average is $83.87. The firm has a market cap of $182.16 million, a price-to-earnings ratio of 27.13 and a beta of 0.87.
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.
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