Wealthcare Advisory Partners LLC Acquires Shares of 3,881 Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Wealthcare Advisory Partners LLC bought a new position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,881 shares of the company’s stock, valued at approximately $305,000.

Separately, S.A. Mason LLC purchased a new stake in Invesco Bloomberg Pricing Power ETF during the 1st quarter worth $114,000.

Invesco Bloomberg Pricing Power ETF Price Performance

NYSEARCA:POWA opened at $77.68 on Monday. The firm has a 50-day moving average of $77.08 and a two-hundred day moving average of $75.52. The stock 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 1-year low of $63.20 and a 1-year high of $79.33.

About Invesco Bloomberg Pricing Power ETF

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.