Jones Financial Companies Lllp Has $177,000 Stock Holdings in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Jones Financial Companies Lllp grew its holdings in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 4,250.0% during the fourth quarter, Holdings Channel reports. The firm owned 2,175 shares of the company’s stock after acquiring an additional 2,125 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco Bloomberg Pricing Power ETF were worth $177,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Calton & Associates Inc. acquired a new position in Invesco Bloomberg Pricing Power ETF during the 4th quarter worth approximately $218,000. FMR LLC raised its stake in Invesco Bloomberg Pricing Power ETF by 140.6% during the 3rd quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after buying an additional 2,725 shares during the period. Hilltop Holdings Inc. bought a new stake in Invesco Bloomberg Pricing Power ETF during the 3rd quarter worth approximately $692,000. Partners Wealth Management LLC bought a new stake in Invesco Bloomberg Pricing Power ETF during the 4th quarter worth approximately $758,000. Finally, Sigma Planning Corp increased its holdings 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 purchasing an additional 1,375 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Stock Performance

Shares of POWA opened at $80.71 on Friday. The stock has a 50 day moving average price of $83.30 and a two-hundred day moving average price of $83.89. The firm has a market capitalization of $181.60 million, a P/E ratio of 28.58 and a beta of 0.87. Invesco Bloomberg Pricing Power ETF has a 52 week low of $74.07 and a 52 week high of $87.68.

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.