Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Sees Large Growth in Short Interest

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 384 shares, a growth of 154.3% from the January 29th total of 151 shares. Based on an average trading volume of 2,282 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,282 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in Invesco Bloomberg Pricing Power ETF by 42.8% during the 1st quarter. Royal Bank of Canada now owns 6,391 shares of the company’s stock worth $525,000 after acquiring an additional 1,916 shares in the last quarter. CWM LLC grew its holdings in shares of Invesco Bloomberg Pricing Power ETF by 9.6% during the second quarter. CWM LLC now owns 1,559 shares of the company’s stock worth $135,000 after purchasing an additional 136 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Invesco Bloomberg Pricing Power ETF by 2.9% during the second quarter. Envestnet Asset Management Inc. now owns 130,296 shares of the company’s stock worth $11,281,000 after purchasing an additional 3,621 shares in the last quarter. AE Wealth Management LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 12.3% during the second quarter. AE Wealth Management LLC now owns 4,886 shares of the company’s stock worth $423,000 after purchasing an additional 536 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 12.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,358 shares of the company’s stock valued at $204,000 after purchasing an additional 253 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Stock Up 0.2%

Shares of POWA opened at $92.53 on Friday. The stock has a 50 day moving average price of $92.23 and a 200 day moving average price of $90.88. The company has a market capitalization of $196.16 million, a price-to-earnings ratio of 26.20 and a beta of 0.83. Invesco Bloomberg Pricing Power ETF has a 52-week low of $73.16 and a 52-week high of $93.93.

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.