NewEdge Advisors LLC Has $31,000 Stock Holdings in Invesco Global Listed Private Equity ETF $PSP

NewEdge Advisors LLC cut its holdings in Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) by 98.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 555 shares of the company’s stock after selling 28,855 shares during the period. NewEdge Advisors LLC’s holdings in Invesco Global Listed Private Equity ETF were worth $31,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE lifted its stake in Invesco Global Listed Private Equity ETF by 16.9% during the second quarter. Bank of America Corp DE now owns 314,298 shares of the company’s stock worth $21,639,000 after purchasing an additional 45,355 shares during the period. Endowment Wealth Management Inc. boosted its stake in Invesco Global Listed Private Equity ETF by 5.5% in the fourth quarter. Endowment Wealth Management Inc. now owns 203,555 shares of the company’s stock worth $13,653,000 after purchasing an additional 10,673 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in Invesco Global Listed Private Equity ETF during the 4th quarter worth about $12,190,000. Axxcess Wealth Management LLC grew its stake in shares of Invesco Global Listed Private Equity ETF by 212.2% during the fourth quarter. Axxcess Wealth Management LLC now owns 149,212 shares of the company’s stock valued at $10,008,000 after purchasing an additional 101,425 shares during the last quarter. Finally, Citadel Advisors LLC boosted its position in Invesco Global Listed Private Equity ETF by 414.5% in the 3rd quarter. Citadel Advisors LLC now owns 138,157 shares of the company’s stock valued at $9,536,000 after buying an additional 111,303 shares during the last quarter. Institutional investors own 70.39% of the company’s stock.

Invesco Global Listed Private Equity ETF Stock Performance

Shares of PSP stock opened at $64.34 on Friday. Invesco Global Listed Private Equity ETF has a 52-week low of $54.12 and a 52-week high of $72.90. The firm’s 50 day moving average price is $59.71 and its two-hundred day moving average price is $59.65. The stock has a market cap of $250.28 million, a PE ratio of 14.07 and a beta of 1.25.

Invesco Global Listed Private Equity ETF Profile

PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index. The Index includes between 40 and 60 publicly listed private equity companies, including business development companies and other financial institutions or vehicles whose principal business is to invest in and lend capital to privately held companies.