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

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 591 shares, a growth of 35.2% from the December 15th total of 437 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,506 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 2,506 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Invesco Bloomberg Pricing Power ETF Stock Down 0.0%

Shares of NYSEARCA:POWA traded down $0.02 on Monday, hitting $93.66. 752 shares of the company traded hands, compared to its average volume of 2,914. The company has a market cap of $193.88 million, a PE ratio of 26.20 and a beta of 0.83. Invesco Bloomberg Pricing Power ETF has a 52 week low of $73.16 and a 52 week high of $93.79. The stock has a 50 day simple moving average of $90.86 and a 200-day simple moving average of $89.95.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in Invesco Bloomberg Pricing Power ETF by 42.8% in the first quarter. Royal Bank of Canada now owns 6,391 shares of the company’s stock worth $525,000 after purchasing an additional 1,916 shares during the last quarter. CWM LLC raised its holdings in Invesco Bloomberg Pricing Power ETF by 9.6% in the 2nd quarter. CWM LLC now owns 1,559 shares of the company’s stock worth $135,000 after purchasing an additional 136 shares during the period. Envestnet Asset Management Inc. lifted its position in Invesco Bloomberg Pricing Power ETF by 2.9% during the second quarter. Envestnet Asset Management Inc. now owns 130,296 shares of the company’s stock valued at $11,281,000 after purchasing an additional 3,621 shares in the last quarter. AE Wealth Management LLC grew its holdings in Invesco Bloomberg Pricing Power ETF by 12.3% during the second quarter. AE Wealth Management LLC now owns 4,886 shares of the company’s stock valued at $423,000 after purchasing an additional 536 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Bloomberg Pricing Power ETF by 12.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,358 shares of the company’s stock valued at $204,000 after purchasing an additional 253 shares during the period.

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.