Invesco Bloomberg Pricing Power ETF $POWA Shares Sold by Ameriflex Group Inc.

Ameriflex Group Inc. lessened its holdings in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 28.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,158 shares of the company’s stock after selling 461 shares during the quarter. Ameriflex Group Inc. owned approximately 0.05% of Invesco Bloomberg Pricing Power ETF worth $99,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Avant Capital LLC lifted its stake in shares of Invesco Bloomberg Pricing Power ETF by 3.9% in the first quarter. Avant Capital LLC now owns 16,859 shares of the company’s stock worth $1,385,000 after buying an additional 630 shares in the last quarter. LPL Financial LLC raised its holdings in Invesco Bloomberg Pricing Power ETF by 0.7% in the 1st quarter. LPL Financial LLC now owns 264,620 shares of the company’s stock valued at $21,737,000 after acquiring an additional 1,829 shares during the last quarter. Royal Bank of Canada lifted its stake in Invesco Bloomberg Pricing Power ETF by 42.8% in the 1st quarter. Royal Bank of Canada now owns 6,391 shares of the company’s stock worth $525,000 after purchasing an additional 1,916 shares in the last quarter. Sigma Planning Corp boosted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 22.6% during the 1st quarter. Sigma Planning Corp now owns 12,387 shares of the company’s stock worth $1,018,000 after purchasing an additional 2,285 shares during the last quarter. Finally, Wesbanco Bank Inc. acquired a new position in shares of Invesco Bloomberg Pricing Power ETF during the 2nd quarter worth approximately $210,000.

Invesco Bloomberg Pricing Power ETF Stock Performance

NYSEARCA:POWA opened at $90.75 on Friday. Invesco Bloomberg Pricing Power ETF has a one year low of $73.16 and a one year high of $91.26. The stock has a market cap of $191.48 million, a PE ratio of 26.20 and a beta of 0.83. The stock has a 50 day moving average price of $89.44 and a 200 day moving average price of $85.64.

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.