Caprock Group LLC Invests $1.03 Million in Invesco Bloomberg Pricing Power ETF $POWA

Caprock Group LLC bought a new stake in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,458 shares of the company’s stock, valued at approximately $1,028,000. Caprock Group LLC owned approximately 0.54% of Invesco Bloomberg Pricing Power ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of POWA. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 2.9% in the second quarter. Envestnet Asset Management Inc. now owns 130,296 shares of the company’s stock valued at $11,281,000 after acquiring an additional 3,621 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Invesco Bloomberg Pricing Power ETF by 42.8% in the 1st quarter. Royal Bank of Canada now owns 6,391 shares of the company’s stock worth $525,000 after buying an additional 1,916 shares in the last quarter. AE Wealth Management LLC boosted its stake in 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 buying an additional 536 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in 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 buying an additional 253 shares in the last quarter. Finally, CWM LLC grew its holdings in Invesco Bloomberg Pricing Power ETF by 9.6% during the second quarter. CWM LLC now owns 1,559 shares of the company’s stock worth $135,000 after acquiring an additional 136 shares during the period.

Invesco Bloomberg Pricing Power ETF Trading Up 1.1%

NYSEARCA:POWA opened at $93.30 on Monday. The company has a 50-day moving average of $91.92 and a 200-day moving average of $90.63. The firm has a market cap of $197.80 million, a price-to-earnings 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.