Northwestern Mutual Wealth Management Co. Acquires 216,750 Shares of Invesco Bloomberg Pricing Power ETF $POWA

Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 10,296.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 218,855 shares of the company’s stock after purchasing an additional 216,750 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.10% of Invesco Bloomberg Pricing Power ETF worth $19,684,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Delos Wealth Advisors LLC boosted its stake in shares of Invesco Bloomberg Pricing Power ETF by 5.9% in the 3rd quarter. Delos Wealth Advisors LLC now owns 37,093 shares of the company’s stock valued at $3,358,000 after purchasing an additional 2,082 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco Bloomberg Pricing Power ETF by 1.0% in the 3rd quarter. Bank of America Corp DE now owns 20,170 shares of the company’s stock valued at $1,826,000 after purchasing an additional 206 shares during the last quarter. IMC Chicago LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at about $1,469,000. Caprock Group LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at about $1,028,000. Finally, Royal Bank of Canada boosted its stake in shares of 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 valued at $525,000 after purchasing an additional 1,916 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Trading Down 0.5%

Shares of NYSEARCA POWA opened at $86.09 on Wednesday. The firm has a market capitalization of $179.07 million, a PE ratio of 26.20 and a beta of 0.79. Invesco Bloomberg Pricing Power ETF has a 1 year low of $83.48 and a 1 year high of $93.93. The firm’s 50-day moving average is $87.57 and its 200-day moving average is $90.13.

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.