IMC Chicago LLC Takes Position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

IMC Chicago LLC acquired a new position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 10,826 shares of the company’s stock, valued at approximately $880,000.

Several other hedge funds have also recently bought and sold shares of POWA. Wesbanco Bank Inc. purchased a new stake in Invesco Bloomberg Pricing Power ETF in the 3rd quarter worth about $206,000. Sigma Planning Corp lifted its stake in Invesco Bloomberg Pricing Power ETF by 69.4% in the 3rd quarter. Sigma Planning Corp now owns 8,727 shares of the company’s stock worth $741,000 after acquiring an additional 3,575 shares in the last quarter. 1900 Wealth Management LLC lifted its stake in Invesco Bloomberg Pricing Power ETF by 24.7% in the 3rd quarter. 1900 Wealth Management LLC now owns 82,404 shares of the company’s stock worth $6,469,000 after acquiring an additional 16,309 shares in the last quarter. FMR LLC lifted its stake in Invesco Bloomberg Pricing Power ETF by 140.6% in 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 in the last quarter. Finally, Hilltop Holdings Inc. purchased a new stake in Invesco Bloomberg Pricing Power ETF in the 3rd quarter worth about $692,000.

Invesco Bloomberg Pricing Power ETF Trading Up 0.5 %

Shares of Invesco Bloomberg Pricing Power ETF stock opened at $84.78 on Tuesday. The stock has a 50-day moving average price of $83.76 and a 200 day moving average price of $83.44. The company has a market cap of $210.25 million, a P/E ratio of 25.60 and a beta of 0.74. Invesco Bloomberg Pricing Power ETF has a 1 year low of $73.02 and a 1 year high of $87.68.

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.