14,568 Shares in Invesco Bloomberg Pricing Power ETF $POWA Acquired by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC bought a new position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,568 shares of the company’s stock, valued at approximately $1,256,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in POWA. FSA Wealth Partners Inc. purchased a new stake in Invesco Bloomberg Pricing Power ETF during the 3rd quarter valued at $25,000. Sigma Planning Corp bought a new position in shares of Invesco Bloomberg Pricing Power ETF during the 3rd quarter valued at $619,000. Simplicity Wealth LLC boosted its stake in shares of 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 buying an additional 1,625 shares during the last quarter. Mosley Wealth Management boosted its stake in shares of Invesco Bloomberg Pricing Power ETF by 12.6% in the 3rd quarter. Mosley Wealth Management now owns 14,119 shares of the company’s stock worth $1,282,000 after buying an additional 1,576 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Invesco Bloomberg Pricing Power ETF in the 2nd quarter worth $39,000.

Invesco Bloomberg Pricing Power ETF Price Performance

Shares of POWA opened at $92.66 on Friday. Invesco Bloomberg Pricing Power ETF has a one year low of $84.53 and a one year high of $94.15. The firm has a market capitalization of $168.64 million, a P/E ratio of 26.20 and a beta of 0.76. The business has a fifty day moving average of $89.33 and a 200 day moving average of $89.55.

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.