Hyundai Investments Co. Ltd. Invests $547,000 in Invesco Bloomberg Pricing Power ETF $POWA

Hyundai Investments Co. Ltd. bought a new position in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,037 shares of the company’s stock, valued at approximately $547,000. Invesco Bloomberg Pricing Power ETF makes up about 0.5% of Hyundai Investments Co. Ltd.’s portfolio, making the stock its 26th largest position. Hyundai Investments Co. Ltd. owned approximately 0.28% of Invesco Bloomberg Pricing Power ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in POWA. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Bloomberg Pricing Power ETF by 10,296.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 218,855 shares of the company’s stock worth $19,684,000 after acquiring an additional 216,750 shares in the last quarter. IMC Chicago LLC bought a new stake in shares of Invesco Bloomberg Pricing Power ETF during the fourth quarter worth about $1,469,000. Caprock Group LLC bought a new stake in shares of Invesco Bloomberg Pricing Power ETF during the third quarter worth about $1,028,000. Citadel Advisors LLC bought a new stake in shares of Invesco Bloomberg Pricing Power ETF during the third quarter worth about $415,000. Finally, LPL Financial LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 1.4% during the fourth quarter. LPL Financial LLC now owns 268,763 shares of the company’s stock worth $24,174,000 after acquiring an additional 3,835 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Price Performance

NYSEARCA:POWA opened at $88.80 on Tuesday. The firm has a 50-day moving average of $87.77 and a 200-day moving average of $89.85. The company has a market cap of $184.70 million, a PE ratio of 26.20 and a beta of 0.77. Invesco Bloomberg Pricing Power ETF has a one year low of $84.47 and a one year high of $93.93.

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.