Short Interest in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Decreases By 48.5%

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 151 shares, a drop of 48.5% from the January 15th total of 293 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 8,311 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 8,311 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of POWA. Royal Bank of Canada lifted its stake 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. CWM LLC grew its position in Invesco Bloomberg Pricing Power ETF by 9.6% in the 2nd quarter. CWM LLC now owns 1,559 shares of the company’s stock worth $135,000 after purchasing an additional 136 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Bloomberg Pricing Power ETF by 2.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 130,296 shares of the company’s stock worth $11,281,000 after buying an additional 3,621 shares during the last quarter. AE Wealth Management LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 12.3% during the second quarter. AE Wealth Management LLC now owns 4,886 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Bloomberg Pricing Power ETF by 12.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,358 shares of the company’s stock valued at $204,000 after acquiring an additional 253 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Trading Down 0.4%

POWA stock traded down $0.42 during trading on Thursday, reaching $92.80. 2,776 shares of the stock were exchanged, compared to its average volume of 4,516. The firm’s 50 day moving average is $91.86 and its 200 day moving average is $90.56. The firm has a market cap of $196.73 million, a P/E ratio of 26.20 and a beta of 0.83. Invesco Bloomberg Pricing Power ETF has a twelve month low of $73.16 and a twelve month high of $93.93.

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.