Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Sees Large Increase in Short Interest

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 54 shares. Based on an average trading volume of 2,446 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the second quarter valued at approximately $39,000. Hyundai Investments Co. Ltd. boosted its position in shares of Invesco Bloomberg Pricing Power ETF by 12.9% during the second quarter. Hyundai Investments Co. Ltd. now owns 5,804 shares of the company’s stock valued at $514,000 after buying an additional 664 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in Invesco Bloomberg Pricing Power ETF by 1.6% during the first quarter. Kestra Advisory Services LLC now owns 12,110 shares of the company’s stock worth $1,043,000 after buying an additional 195 shares in the last quarter. Finally, IMC Chicago LLC grew its holdings in Invesco Bloomberg Pricing Power ETF by 9.0% during the first quarter. IMC Chicago LLC now owns 17,801 shares of the company’s stock worth $1,534,000 after buying an additional 1,473 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Trading Up 0.2%

NYSEARCA POWA traded up $0.16 during trading hours on Wednesday, hitting $89.18. The company’s stock had a trading volume of 2,691 shares, compared to its average volume of 3,982. Invesco Bloomberg Pricing Power ETF has a 52 week low of $84.53 and a 52 week high of $94.15. The company has a market capitalization of $169.44 million, a PE ratio of 26.20 and a beta of 0.76. The company’s 50-day simple moving average is $89.67 and its two-hundred day simple moving average is $88.66.

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.