Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Shares Sold by Pacific Sun Financial Corp

Pacific Sun Financial Corp reduced its stake in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 8.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,487 shares of the company’s stock after selling 1,577 shares during the quarter. Pacific Sun Financial Corp’s holdings in Invesco Bloomberg Pricing Power ETF were worth $1,421,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Calton & Associates Inc. acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter worth approximately $218,000. FMR LLC boosted its position in Invesco Bloomberg Pricing Power ETF by 140.6% during the third quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after purchasing an additional 2,725 shares in the last quarter. Hilltop Holdings Inc. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the third quarter valued at $692,000. Sigma Planning Corp raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 69.4% during the 3rd quarter. Sigma Planning Corp now owns 8,727 shares of the company’s stock worth $741,000 after buying an additional 3,575 shares during the last quarter. Finally, IMC Chicago LLC purchased a new stake in shares of Invesco Bloomberg Pricing Power ETF in the 4th quarter worth about $880,000.

Invesco Bloomberg Pricing Power ETF Trading Up 0.4 %

Shares of NYSEARCA POWA opened at $84.50 on Thursday. The stock has a market cap of $209.56 million, a price-to-earnings ratio of 25.60 and a beta of 0.74. The company’s 50-day moving average price is $83.41 and its 200 day moving average price is $83.62. Invesco Bloomberg Pricing Power ETF has a 52 week low of $74.07 and a 52 week high of $87.68.

About Invesco Bloomberg Pricing Power ETF

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.