Delos Wealth Advisors LLC Purchases 2,633 Shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Delos Wealth Advisors LLC increased its position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 7.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 37,313 shares of the company’s stock after buying an additional 2,633 shares during the period. Invesco Bloomberg Pricing Power ETF accounts for about 2.4% of Delos Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Delos Wealth Advisors LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $3,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC lifted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 140.6% during the third quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after buying an additional 2,725 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Invesco Bloomberg Pricing Power ETF by 4,250.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,175 shares of the company’s stock valued at $177,000 after purchasing an additional 2,125 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in Invesco Bloomberg Pricing Power ETF by 60.6% in the 3rd quarter. IHT Wealth Management LLC now owns 16,183 shares of the company’s stock valued at $1,369,000 after purchasing an additional 6,106 shares during the period. IMC Chicago LLC acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 4th quarter worth $880,000. Finally, Sigma Planning Corp grew its position in Invesco Bloomberg Pricing Power ETF by 15.8% in the 4th quarter. Sigma Planning Corp now owns 10,102 shares of the company’s stock worth $821,000 after purchasing an additional 1,375 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Stock Performance

Shares of POWA opened at $81.32 on Friday. The company has a 50-day simple moving average of $83.22 and a 200-day simple moving average of $83.87. Invesco Bloomberg Pricing Power ETF has a 52 week low of $74.07 and a 52 week high of $87.68. The firm has a market capitalization of $182.16 million, a P/E ratio of 27.13 and a beta of 0.87.

About Invesco Bloomberg Pricing Power ETF

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.