Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Sees Large Growth in Short Interest

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 54 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,446 shares, the short-interest ratio is presently 0.0 days.

Invesco Bloomberg Pricing Power ETF Trading Up 1.8%

Shares of POWA traded up $1.60 during trading hours on Thursday, hitting $90.78. The company had a trading volume of 1,510 shares, compared to its average volume of 3,969. The company has a market capitalization of $172.48 million, a PE ratio of 26.20 and a beta of 0.76. Invesco Bloomberg Pricing Power ETF has a one year low of $84.53 and a one year high of $94.15. The company’s fifty day moving average price is $89.56 and its two-hundred day moving average price is $88.72.

Hedge Funds Weigh In On Invesco Bloomberg Pricing Power ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hyundai Investments Co. Ltd. bought a new stake in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at about $547,000. Integrated Wealth Concepts LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF during the 2nd quarter worth approximately $39,000. Kestra Advisory Services LLC raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 1.6% during the 1st quarter. Kestra Advisory Services LLC now owns 12,110 shares of the company’s stock worth $1,043,000 after acquiring an additional 195 shares in the last quarter. Finally, IMC Chicago LLC raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 9.0% during the 1st quarter. IMC Chicago LLC now owns 17,801 shares of the company’s stock worth $1,534,000 after acquiring an additional 1,473 shares in the last quarter.

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.