Focus Financial Network Inc. Sells 293 Shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Focus Financial Network Inc. lessened its holdings in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,421 shares of the company’s stock after selling 293 shares during the period. Focus Financial Network Inc.’s holdings in Invesco Bloomberg Pricing Power ETF were worth $359,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of POWA. Wesbanco Bank Inc. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at approximately $206,000. Sigma Planning Corp raised its position in Invesco Bloomberg Pricing Power ETF by 69.4% in the 3rd 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 last quarter. 1900 Wealth Management LLC raised its position in Invesco Bloomberg Pricing Power ETF by 24.7% in the 3rd quarter. 1900 Wealth Management LLC now owns 82,404 shares of the company’s stock valued at $6,469,000 after buying an additional 16,309 shares during the last quarter. FMR LLC raised its position in Invesco Bloomberg Pricing Power ETF by 140.6% in the 3rd quarter. FMR LLC now owns 4,663 shares of the company’s stock valued at $396,000 after buying an additional 2,725 shares during the last quarter. Finally, Hilltop Holdings Inc. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at approximately $692,000.

Invesco Bloomberg Pricing Power ETF Stock Performance

Shares of Invesco Bloomberg Pricing Power ETF stock opened at $84.43 on Friday. The business’s 50 day simple moving average is $83.60 and its 200 day simple moving average is $83.49. Invesco Bloomberg Pricing Power ETF has a 52-week low of $73.76 and a 52-week high of $87.68. The firm has a market cap of $209.39 million, a PE ratio of 25.60 and a beta of 0.74.

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.