Jaffetilchin Investment Partners LLC Raises Stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Jaffetilchin Investment Partners LLC grew its holdings in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 0.6% during the 4th quarter, HoldingsChannel reports. The fund owned 27,169 shares of the company’s stock after acquiring an additional 164 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $2,208,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new position in Invesco Bloomberg Pricing Power ETF in the 4th quarter worth $1,405,000. LPL Financial LLC increased its holdings in shares of Invesco Bloomberg Pricing Power ETF by 5.9% in the fourth quarter. LPL Financial LLC now owns 262,791 shares of the company’s stock worth $21,357,000 after buying an additional 14,689 shares during the period. IMC Chicago LLC bought a new stake in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at about $880,000. Partners Wealth Management LLC purchased a new stake in Invesco Bloomberg Pricing Power ETF during the 4th quarter valued at about $758,000. Finally, FMR LLC grew its position in Invesco Bloomberg Pricing Power ETF by 140.6% during the 3rd quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after acquiring an additional 2,725 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of Invesco Bloomberg Pricing Power ETF stock opened at $77.52 on Friday. The stock has a market capitalization of $173.64 million, a P/E ratio of 23.70 and a beta of 0.83. Invesco Bloomberg Pricing Power ETF has a one year low of $73.16 and a one year high of $87.68. The business’s 50 day simple moving average is $81.91 and its two-hundred day simple moving average is $83.50.

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.