Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Stock Short Interest Report for October

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 354 shares, a growth of 555.6% from the September 30th total of 54 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 10,069 shares, the days-to-cover ratio is currently 0.0 days.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of POWA stock traded up $0.04 on Wednesday, hitting $91.51. The company’s stock had a trading volume of 1,047 shares, compared to its average volume of 3,876. Invesco Bloomberg Pricing Power ETF has a fifty-two week low of $84.53 and a fifty-two week high of $94.15. The firm’s fifty day moving average price is $89.32 and its 200-day moving average price is $89.55. The stock has a market capitalization of $166.55 million, a price-to-earnings ratio of 26.20 and a beta of 0.76.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Large investors have recently made changes to their positions in the stock. Sigma Planning Corp bought a new position in shares of Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at approximately $619,000. Simplicity Wealth LLC lifted its holdings in Invesco Bloomberg Pricing Power ETF by 61.0% in the 3rd quarter. Simplicity Wealth LLC now owns 4,287 shares of the company’s stock worth $370,000 after purchasing an additional 1,625 shares during the last quarter. FSA Wealth Partners Inc. bought a new stake in Invesco Bloomberg Pricing Power ETF during the third quarter worth approximately $25,000. Mosley Wealth Management boosted its position in Invesco Bloomberg Pricing Power ETF by 12.6% during the third quarter. Mosley Wealth Management now owns 14,119 shares of the company’s stock worth $1,282,000 after purchasing an additional 1,576 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in Invesco Bloomberg Pricing Power ETF during the second quarter worth approximately $39,000.

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.