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

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 134 shares, a decline of 78.8% from the August 15th total of 631 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,281 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Bloomberg Pricing Power ETF Stock Down 0.8%

POWA opened at $87.15 on Friday. The company has a market cap of $170.81 million, a price-to-earnings ratio of 26.20 and a beta of 0.76. Invesco Bloomberg Pricing Power ETF has a 52-week low of $84.53 and a 52-week high of $94.15. The firm’s fifty day simple moving average is $90.61 and its two-hundred day simple moving average is $89.02.

Institutional Investors Weigh In On Invesco Bloomberg Pricing Power ETF

Institutional investors have recently bought and sold shares of the company. Calton & Associates Inc. increased its stake in shares of Invesco Bloomberg Pricing Power ETF by 6.3% in the 4th quarter. Calton & Associates Inc. now owns 2,374 shares of the company’s stock worth $214,000 after acquiring an additional 140 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in shares of Invesco Bloomberg Pricing Power ETF by 1.6% in the first quarter. Kestra Advisory Services LLC now owns 12,110 shares of the company’s stock valued at $1,043,000 after purchasing an additional 195 shares during the period. Bank of America Corp DE grew its holdings in shares of Invesco Bloomberg Pricing Power ETF by 1.0% in the third quarter. Bank of America Corp DE now owns 20,170 shares of the company’s stock valued at $1,826,000 after purchasing an additional 206 shares during the period. Avant Capital LLC increased its position in Invesco Bloomberg Pricing Power ETF by 1.6% during the fourth quarter. Avant Capital LLC now owns 16,235 shares of the company’s stock worth $1,460,000 after purchasing an additional 257 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in Invesco Bloomberg Pricing Power ETF during the second quarter worth about $39,000.

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.