Castle Wealth Management LLC Sells 125 Shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Castle Wealth Management LLC reduced its stake in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,470 shares of the company’s stock after selling 125 shares during the period. Castle Wealth Management LLC’s holdings in Invesco Bloomberg Pricing Power ETF were worth $464,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in POWA. Delos Wealth Advisors LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 9.0% in the 2nd quarter. Delos Wealth Advisors LLC now owns 32,817 shares of the company’s stock valued at $2,549,000 after buying an additional 2,706 shares in the last quarter. Jaffetilchin Investment Partners LLC bought a new stake in shares of Invesco Bloomberg Pricing Power ETF in the first quarter worth about $2,120,000. Cetera Advisors LLC acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF during the first quarter worth about $432,000. Advisory Alpha LLC bought a new position in shares of Invesco Bloomberg Pricing Power ETF during the 1st quarter valued at about $367,000. Finally, Wesbanco Bank Inc. acquired a new position in shares of Invesco Bloomberg Pricing Power ETF in the 3rd quarter valued at approximately $206,000.

Invesco Bloomberg Pricing Power ETF Stock Up 1.3 %

Shares of POWA stock opened at $85.77 on Thursday. The company has a market capitalization of $212.70 million, a price-to-earnings ratio of 25.60 and a beta of 0.74. Invesco Bloomberg Pricing Power ETF has a 12-month low of $65.39 and a 12-month high of $86.27. The firm has a fifty day moving average of $83.65 and a 200-day moving average of $80.15.

Invesco Bloomberg Pricing Power ETF Profile

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.