AE Wealth Management LLC Sells 206 Shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

AE Wealth Management LLC lessened its stake in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 3.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,601 shares of the company’s stock after selling 206 shares during the period. AE Wealth Management LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $435,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. BCS Wealth Management bought a new stake in shares of Invesco Bloomberg Pricing Power ETF during the 1st quarter worth $243,000. S.A. Mason LLC acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF in the first quarter valued at about $114,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF in the first quarter valued at about $305,000. Calton & Associates Inc. acquired a new position in shares of Invesco Bloomberg Pricing Power ETF during the 1st quarter worth about $223,000. Finally, First Trust Direct Indexing L.P. bought a new stake in Invesco Bloomberg Pricing Power ETF during the 1st quarter valued at approximately $1,280,000.

Invesco Bloomberg Pricing Power ETF Stock Up 1.0 %

POWA opened at $84.41 on Friday. Invesco Bloomberg Pricing Power ETF has a 12-month low of $63.20 and a 12-month high of $84.41. The firm has a market capitalization of $209.34 million, a P/E ratio of 25.60 and a beta of 0.74. The stock’s 50 day moving average price is $81.24 and its two-hundred day moving average price is $78.68.

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.