Cwm LLC Sells 132 Shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Cwm LLC cut its stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 5.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,426 shares of the company’s stock after selling 132 shares during the period. Cwm LLC owned 0.10% of Invesco Bloomberg Pricing Power ETF worth $206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of POWA. Commonwealth Equity Services LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the first quarter worth about $3,947,000. Delos Wealth Advisors LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the first quarter worth about $2,364,000. Jaffetilchin Investment Partners LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the first quarter worth about $2,120,000. First Trust Direct Indexing L.P. bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the first quarter worth about $1,280,000. Finally, Cetera Advisors LLC acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF during the 1st quarter worth approximately $432,000.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of NYSEARCA:POWA opened at $84.16 on Wednesday. Invesco Bloomberg Pricing Power ETF has a one year low of $63.20 and a one year high of $85.87. The company has a 50 day moving average of $83.11 and a 200-day moving average of $79.55. The stock has a market cap of $208.72 million, a price-to-earnings ratio of 25.60 and a beta of 0.74.

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.