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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Hyundai Investments Co. Ltd. purchased a new stake in shares of Invesco Bloomberg Pricing Power ETF during the 4th quarter valued at about $547,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 10,296.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 218,855 shares of the company’s stock worth $19,684,000 after buying an additional 216,750 shares during the last quarter. Calton & Associates Inc. boosted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 6.3% in the fourth quarter. Calton & Associates Inc. now owns 2,374 shares of the company’s stock worth $214,000 after buying an additional 140 shares during the last quarter. Royal Bank of Canada grew its position in Invesco Bloomberg Pricing Power ETF by 249.4% during the fourth quarter. Royal Bank of Canada now owns 25,411 shares of the company’s stock valued at $2,286,000 after buying an additional 18,139 shares during the period. Finally, Avant Capital LLC increased its holdings 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 valued at $1,460,000 after buying an additional 257 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of POWA traded up $1.04 during trading hours on Friday, hitting $88.19. The stock had a trading volume of 1,964 shares, compared to its average volume of 3,697. Invesco Bloomberg Pricing Power ETF has a 12 month low of $84.53 and a 12 month high of $94.15. The firm has a market capitalization of $172.85 million, a PE ratio of 26.20 and a beta of 0.76. The stock has a fifty day moving average price of $90.59 and a 200 day moving average price of $89.02.

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.