Sigma Planning Corp Has $821,000 Stock Position in Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA)

Sigma Planning Corp increased its holdings in shares of Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) by 15.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,102 shares of the company’s stock after acquiring an additional 1,375 shares during the quarter. Sigma Planning Corp’s holdings in Invesco Bloomberg Pricing Power ETF were worth $821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Calton & Associates Inc. bought a new position in shares of Invesco Bloomberg Pricing Power ETF during the 4th quarter valued at about $218,000. FMR LLC increased its position in shares of Invesco Bloomberg Pricing Power ETF by 140.6% during the third quarter. FMR LLC now owns 4,663 shares of the company’s stock worth $396,000 after acquiring an additional 2,725 shares in the last quarter. Hilltop Holdings Inc. acquired a new stake in shares of Invesco Bloomberg Pricing Power ETF during the third quarter worth $692,000. IMC Chicago LLC bought a new stake in Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at $880,000. Finally, HighTower Advisors LLC lifted its position in Invesco Bloomberg Pricing Power ETF by 1.2% in the 3rd quarter. HighTower Advisors LLC now owns 14,921 shares of the company’s stock valued at $1,264,000 after acquiring an additional 175 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Trading Up 0.6 %

POWA stock opened at $83.88 on Wednesday. The stock has a 50-day moving average price of $83.26 and a two-hundred day moving average price of $83.81. Invesco Bloomberg Pricing Power ETF has a 1 year low of $74.07 and a 1 year high of $87.68. The stock has a market cap of $208.02 million, a PE 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.