Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:PWC) Shares Sold by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. lessened its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:PWC) by 13.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,231 shares of the company’s stock after selling 9,681 shares during the period. Institute for Wealth Management LLC.’s holdings in Invesco Bloomberg MVP Multi-factor ETF were worth $2,482,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in Invesco Bloomberg MVP Multi-factor ETF by 8.5% during the first quarter. Goldman Sachs Group Inc. now owns 13,103 shares of the company’s stock worth $1,507,000 after buying an additional 1,027 shares during the period. Bank of America Corp DE increased its position in Invesco Bloomberg MVP Multi-factor ETF by 32.2% during the first quarter. Bank of America Corp DE now owns 6,144 shares of the company’s stock worth $707,000 after buying an additional 1,496 shares during the period. UBS Group AG increased its position in Invesco Bloomberg MVP Multi-factor ETF by 28.1% during the second quarter. UBS Group AG now owns 12,368 shares of the company’s stock worth $1,167,000 after buying an additional 2,711 shares during the period. Citadel Advisors LLC increased its position in Invesco Bloomberg MVP Multi-factor ETF by 24.7% during the second quarter. Citadel Advisors LLC now owns 9,818 shares of the company’s stock worth $927,000 after buying an additional 1,944 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in Invesco Bloomberg MVP Multi-factor ETF during the fourth quarter worth approximately $45,000.

Invesco Bloomberg MVP Multi-factor ETF Price Performance

Shares of PWC stock traded down $0.10 during midday trading on Friday, hitting $42.87. The company had a trading volume of 279 shares, compared to its average volume of 3,526. The company’s 50 day simple moving average is $43.55 and its 200 day simple moving average is $40.41. Invesco Bloomberg MVP Multi-factor ETF has a 52-week low of $31.69 and a 52-week high of $39.88. The stock has a market cap of $96.03 million, a price-to-earnings ratio of 15.91 and a beta of 0.83.

Invesco Bloomberg MVP Multi-factor ETF Profile

PowerShares Dynamic Market Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Market Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Underlying Intellidex selection methodology seeks to identify and select companies from the U.S.