Delos Wealth Advisors LLC Has $2.94 Million Holdings in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Delos Wealth Advisors LLC increased its stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 5.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,680 shares of the company’s stock after purchasing an additional 1,863 shares during the period. Invesco Bloomberg Pricing Power ETF makes up 2.6% of Delos Wealth Advisors LLC’s holdings, making the stock its 14th largest position. Delos Wealth Advisors LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $2,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Global Wealth Strategies & Associates bought a new stake in Invesco Bloomberg Pricing Power ETF during the 3rd quarter worth about $29,000. Wesbanco Bank Inc. bought a new stake in Invesco Bloomberg Pricing Power ETF during the 3rd quarter worth about $206,000. FMR LLC lifted 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 buying an additional 2,725 shares in the last quarter. Cetera Advisors LLC bought a new stake in Invesco Bloomberg Pricing Power ETF during the 1st quarter worth about $432,000. Finally, Hilltop Holdings Inc. bought a new stake in Invesco Bloomberg Pricing Power ETF during the 3rd quarter worth about $692,000.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of NYSEARCA:POWA opened at $86.88 on Friday. The company’s 50-day moving average price is $85.19 and its two-hundred day moving average price is $81.69. Invesco Bloomberg Pricing Power ETF has a one year low of $70.09 and a one year high of $87.68. The stock has a market capitalization of $215.46 million, a PE ratio of 25.60 and a beta of 0.74.

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.