Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Short Interest Down 63.4% in June

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 830 shares, a decrease of 63.4% from the June 15th total of 2,267 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,666 shares, the short-interest ratio is presently 0.2 days.

Invesco Bloomberg Pricing Power ETF Stock Down 0.7%

Shares of POWA stock traded down $0.60 during mid-day trading on Tuesday, hitting $88.61. 6,004 shares of the stock were exchanged, compared to its average volume of 3,919. The firm has a fifty day moving average of $87.77 and a 200 day moving average of $89.43. Invesco Bloomberg Pricing Power ETF has a 52-week low of $84.53 and a 52-week high of $93.93. The company has a market cap of $173.68 million, a PE ratio of 26.20 and a beta of 0.77.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Several institutional investors have recently bought and sold shares of POWA. IMC Chicago LLC acquired a new position in shares of Invesco Bloomberg Pricing Power ETF during the 4th quarter worth approximately $1,469,000. Hyundai Investments Co. Ltd. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at $547,000. Northwestern Mutual Wealth Management Co. grew its stake in Invesco Bloomberg Pricing Power ETF by 10,296.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 218,855 shares of the company’s stock valued at $19,684,000 after acquiring an additional 216,750 shares during the period. Royal Bank of Canada increased its holdings in Invesco Bloomberg Pricing Power ETF by 249.4% in the 4th quarter. Royal Bank of Canada now owns 25,411 shares of the company’s stock worth $2,286,000 after acquiring an additional 18,139 shares in the last quarter. Finally, Delos Wealth Advisors LLC increased its holdings in Invesco Bloomberg Pricing Power ETF by 5.9% in the 3rd quarter. Delos Wealth Advisors LLC now owns 37,093 shares of the company’s stock worth $3,358,000 after acquiring an additional 2,082 shares in the last quarter.

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.