Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Stake Raised by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC lifted its holdings in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 9.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,817 shares of the company’s stock after buying an additional 2,706 shares during the period. Invesco Bloomberg Pricing Power ETF makes up about 2.5% of Delos Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Delos Wealth Advisors LLC owned about 1.32% of Invesco Bloomberg Pricing Power ETF worth $2,549,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Calton & Associates Inc. bought a new position in Invesco Bloomberg Pricing Power ETF in the 1st quarter valued at about $223,000. First Trust Direct Indexing L.P. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the first quarter worth approximately $1,280,000. Advisory Alpha LLC bought a new position in Invesco Bloomberg Pricing Power ETF during the 1st quarter valued at $367,000. S.A. Mason LLC bought a new position in Invesco Bloomberg Pricing Power ETF during the 1st quarter valued at $114,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF in the first quarter valued at $305,000.

Invesco Bloomberg Pricing Power ETF Trading Down 0.4 %

Shares of NYSEARCA POWA opened at $83.44 on Friday. Invesco Bloomberg Pricing Power ETF has a twelve month low of $63.20 and a twelve month high of $84.00. The firm has a 50-day moving average of $80.95 and a two-hundred day moving average of $78.50. The company has a market capitalization of $206.93 million, a price-to-earnings ratio of 25.60 and a beta of 0.74.

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.