Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Stock Position Raised by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its position in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 4,250.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,175 shares of the company’s stock after purchasing an additional 2,125 shares during the period. Jones Financial Companies Lllp owned 0.09% of Invesco Bloomberg Pricing Power ETF worth $177,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in POWA. HighTower Advisors LLC raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 1.2% in the 3rd quarter. HighTower Advisors LLC now owns 14,921 shares of the company’s stock valued at $1,264,000 after acquiring an additional 175 shares in the last quarter. Sigma Planning Corp raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 15.8% in the 4th quarter. Sigma Planning Corp now owns 10,102 shares of the company’s stock valued at $821,000 after acquiring an additional 1,375 shares in the last quarter. Delos Wealth Advisors LLC raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 5.7% in the 3rd quarter. Delos Wealth Advisors LLC now owns 34,680 shares of the company’s stock valued at $2,944,000 after acquiring an additional 1,863 shares in the last quarter. Calton & Associates Inc. bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at approximately $218,000. Finally, FMR LLC raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 140.6% in the 3rd 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.

Invesco Bloomberg Pricing Power ETF Stock Performance

Shares of POWA stock opened at $80.71 on Friday. The stock’s 50 day simple moving average is $83.30 and its 200 day simple moving average is $83.89. Invesco Bloomberg Pricing Power ETF has a twelve month low of $74.07 and a twelve month high of $87.68. The company has a market capitalization of $181.60 million, a price-to-earnings ratio of 28.58 and a beta of 0.87.

Invesco Bloomberg Pricing Power ETF Company 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.