Castle Wealth Management LLC cut its holdings in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA – Free Report) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,470 shares of the company’s stock after selling 125 shares during the period. Castle Wealth Management LLC owned approximately 0.22% of Invesco Bloomberg Pricing Power ETF worth $464,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. Global Wealth Strategies & Associates acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF during the 3rd quarter valued at $29,000. EverSource Wealth Advisors LLC acquired a new position in shares of Invesco Bloomberg Pricing Power ETF in the 1st quarter valued at $113,000. Wesbanco Bank Inc. purchased a new position in Invesco Bloomberg Pricing Power ETF in the 3rd quarter worth about $206,000. Advisory Alpha LLC acquired a new stake in Invesco Bloomberg Pricing Power ETF during the 1st quarter worth about $367,000. Finally, Cetera Advisors LLC purchased a new stake in Invesco Bloomberg Pricing Power ETF during the first quarter valued at about $432,000.
Invesco Bloomberg Pricing Power ETF Price Performance
Shares of POWA opened at $85.77 on Thursday. The company has a 50-day moving average of $83.65 and a two-hundred day moving average of $80.15. The stock has a market cap of $212.70 million, a price-to-earnings ratio of 25.60 and a beta of 0.74. Invesco Bloomberg Pricing Power ETF has a one year low of $65.39 and a one year high of $86.27.
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.
Featured Articles
- Five stocks we like better than Invesco Bloomberg Pricing Power ETF
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Atlassian Is Up +60% in Three Months—What’s Causing the Rally?
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- 2 Reasons To Like Coinbase After The Election, 1 to Still Avoid
- Investing in Commodities: What Are They? How to Invest in Them
- Hunting for High-Yield Bargains? 2 REITs to Consider
Want to see what other hedge funds are holding POWA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA – Free Report).
Receive News & Ratings for Invesco Bloomberg Pricing Power ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Bloomberg Pricing Power ETF and related companies with MarketBeat.com's FREE daily email newsletter.