Calton & Associates Inc. Makes New Investment in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Calton & Associates Inc. purchased a new position in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,842 shares of the company’s stock, valued at approximately $223,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. S.A. Mason LLC acquired a new position in shares of Invesco Bloomberg Pricing Power ETF in the 1st quarter worth approximately $114,000. BCS Wealth Management acquired a new position in shares of Invesco Bloomberg Pricing Power ETF in the 1st quarter worth approximately $243,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of Invesco Bloomberg Pricing Power ETF in the 1st quarter worth approximately $305,000.

Invesco Bloomberg Pricing Power ETF Price Performance

Invesco Bloomberg Pricing Power ETF stock opened at $77.68 on Friday. The firm’s 50 day simple moving average is $77.08 and its 200-day simple moving average is $75.47. The company has a market cap of $192.65 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 $63.20 and a fifty-two week high of $79.33.

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.