Pacific Sun Financial Corp Has $1.38 Million Stock Holdings in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Pacific Sun Financial Corp trimmed its holdings in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 4.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,747 shares of the company’s stock after selling 740 shares during the quarter. Pacific Sun Financial Corp owned about 0.75% of Invesco Bloomberg Pricing Power ETF worth $1,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Citadel Advisors LLC lifted its stake in shares of Invesco Bloomberg Pricing Power ETF by 13.3% in the 4th quarter. Citadel Advisors LLC now owns 3,473 shares of the company’s stock valued at $282,000 after purchasing an additional 409 shares during the period. Raymond James Financial Inc. acquired a new position in Invesco Bloomberg Pricing Power ETF during the 4th quarter worth approximately $1,405,000. Jones Financial Companies Lllp raised its stake in Invesco Bloomberg Pricing Power ETF by 4,250.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,175 shares of the company’s stock worth $177,000 after buying an additional 2,125 shares during the period. LPL Financial LLC raised its stake in Invesco Bloomberg Pricing Power ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 262,791 shares of the company’s stock worth $21,357,000 after buying an additional 14,689 shares during the period. Finally, Sigma Planning Corp raised its stake in Invesco Bloomberg Pricing Power ETF by 15.8% during the 4th quarter. Sigma Planning Corp now owns 10,102 shares of the company’s stock worth $821,000 after buying an additional 1,375 shares during the period.

Invesco Bloomberg Pricing Power ETF Stock Performance

POWA stock opened at $84.67 on Friday. The stock’s 50 day simple moving average is $82.51 and its 200 day simple moving average is $82.90. Invesco Bloomberg Pricing Power ETF has a fifty-two week low of $73.16 and a fifty-two week high of $87.68. The company has a market cap of $182.04 million, a P/E ratio of 25.80 and a beta of 0.83.

About Invesco Bloomberg Pricing Power ETF

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.