Caprock Group LLC Acquires Shares of 11,458 Invesco Bloomberg Pricing Power ETF $POWA

Caprock Group LLC purchased a new stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 11,458 shares of the company’s stock, valued at approximately $1,028,000.

Other hedge funds have also recently bought and sold shares of the company. CX Institutional acquired a new position in Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at $66,000. CWM LLC grew its stake in shares of Invesco Bloomberg Pricing Power ETF by 9.6% in the second quarter. CWM LLC now owns 1,559 shares of the company’s stock valued at $135,000 after acquiring an additional 136 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco Bloomberg Pricing Power ETF by 12.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,358 shares of the company’s stock worth $204,000 after purchasing an additional 253 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Invesco Bloomberg Pricing Power ETF by 12.3% in the second quarter. AE Wealth Management LLC now owns 4,886 shares of the company’s stock valued at $423,000 after buying an additional 536 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Invesco Bloomberg Pricing Power ETF by 42.8% in the first quarter. Royal Bank of Canada now owns 6,391 shares of the company’s stock valued at $525,000 after buying an additional 1,916 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Trading Up 1.1%

Shares of POWA stock opened at $93.30 on Monday. Invesco Bloomberg Pricing Power ETF has a 1-year low of $73.16 and a 1-year high of $93.93. The stock has a market cap of $197.80 million, a price-to-earnings ratio of 26.20 and a beta of 0.83. The stock has a 50-day moving average of $91.92 and a 200-day moving average of $90.63.

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.