IMC Chicago LLC Acquires New Position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

IMC Chicago LLC acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,826 shares of the company’s stock, valued at approximately $880,000. IMC Chicago LLC owned 0.44% of Invesco Bloomberg Pricing Power ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of POWA. Wesbanco Bank Inc. purchased a new position in shares of Invesco Bloomberg Pricing Power ETF during the third quarter valued at approximately $206,000. Sigma Planning Corp lifted its stake in shares of Invesco Bloomberg Pricing Power ETF by 69.4% during the third quarter. Sigma Planning Corp now owns 8,727 shares of the company’s stock valued at $741,000 after buying an additional 3,575 shares during the period. 1900 Wealth Management LLC increased its position in Invesco Bloomberg Pricing Power ETF by 24.7% during the third quarter. 1900 Wealth Management LLC now owns 82,404 shares of the company’s stock worth $6,469,000 after purchasing an additional 16,309 shares during the last quarter. FMR LLC increased its position in 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 purchasing an additional 2,725 shares during the last quarter. Finally, Hilltop Holdings Inc. acquired a new position in Invesco Bloomberg Pricing Power ETF during the third quarter worth approximately $692,000.

Invesco Bloomberg Pricing Power ETF Stock Performance

Shares of POWA stock opened at $84.78 on Tuesday. Invesco Bloomberg Pricing Power ETF has a one year low of $73.02 and a one year high of $87.68. The company has a 50 day moving average price of $83.76 and a 200 day moving average price of $83.44. The firm has a market capitalization of $210.25 million, a price-to-earnings ratio of 25.60 and a beta of 0.74.

Invesco Bloomberg Pricing Power ETF 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.