Beacon Capital Management Inc. Reduces Holdings in Invesco Global Listed Private Equity ETF $PSP

Beacon Capital Management Inc. lowered its holdings in shares of Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) by 4.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 225,057 shares of the company’s stock after selling 10,671 shares during the period. Invesco Global Listed Private Equity ETF comprises 0.7% of Beacon Capital Management Inc.’s portfolio, making the stock its 28th largest holding. Beacon Capital Management Inc.’s holdings in Invesco Global Listed Private Equity ETF were worth $15,533,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Private Trust Co. NA increased its stake in shares of Invesco Global Listed Private Equity ETF by 137.8% during the 3rd quarter. Private Trust Co. NA now owns 932 shares of the company’s stock worth $64,000 after purchasing an additional 540 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Invesco Global Listed Private Equity ETF by 325.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 46,184 shares of the company’s stock valued at $3,188,000 after buying an additional 35,317 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new position in Invesco Global Listed Private Equity ETF during the third quarter worth $220,000. Osaic Holdings Inc. increased its position in Invesco Global Listed Private Equity ETF by 61.1% during the second quarter. Osaic Holdings Inc. now owns 39,318 shares of the company’s stock worth $2,642,000 after buying an additional 14,917 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of Invesco Global Listed Private Equity ETF by 11.0% in the second quarter. MML Investors Services LLC now owns 33,078 shares of the company’s stock worth $2,277,000 after acquiring an additional 3,270 shares during the last quarter. 70.39% of the stock is currently owned by institutional investors and hedge funds.

Invesco Global Listed Private Equity ETF Stock Down 0.2%

PSP opened at $67.44 on Friday. The firm has a market cap of $329.78 million, a P/E ratio of 14.07 and a beta of 1.33. Invesco Global Listed Private Equity ETF has a 52 week low of $53.60 and a 52 week high of $72.97. The business’s fifty day simple moving average is $66.58 and its 200 day simple moving average is $68.75.

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.