Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Short Interest Update

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 145 shares, a decrease of 55.5% from the March 31st total of 326 shares. Based on an average trading volume of 2,613 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Invesco Bloomberg Pricing Power ETF Trading Down 0.1%

POWA stock traded down $0.12 during trading on Friday, reaching $88.62. The stock had a trading volume of 2,281 shares, compared to its average volume of 3,345. Invesco Bloomberg Pricing Power ETF has a 52 week low of $80.16 and a 52 week high of $93.93. The stock’s 50 day moving average is $89.18 and its two-hundred day moving average is $90.51. The firm has a market cap of $185.22 million, a PE ratio of 26.20 and a beta of 0.83.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its holdings in Invesco Bloomberg Pricing Power ETF by 5.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 144,221 shares of the company’s stock valued at $12,972,000 after acquiring an additional 6,833 shares during the period. Royal Bank of Canada lifted its holdings in Invesco Bloomberg Pricing Power ETF by 249.4% in the fourth quarter. Royal Bank of Canada now owns 25,411 shares of the company’s stock valued at $2,286,000 after acquiring an additional 18,139 shares during the period. Hyundai Investments Co. Ltd. bought a new position in Invesco Bloomberg Pricing Power ETF in the fourth quarter valued at about $547,000. Avant Capital LLC lifted its holdings in Invesco Bloomberg Pricing Power ETF by 1.6% in the fourth quarter. Avant Capital LLC now owns 16,235 shares of the company’s stock valued at $1,460,000 after acquiring an additional 257 shares during the period. Finally, Quadrant Capital Group LLC bought a new position in Invesco Bloomberg Pricing Power ETF in the fourth quarter valued at about $162,000.

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.