Invesco Bloomberg Pricing Power ETF (POWA)
| Assets | $187.84M |
| Expense Ratio | 0.40% |
| PE Ratio | 26.20 |
| Shares Out | 2.14M |
| Dividend (ttm) | $0.64 |
| Dividend Yield | 0.73% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | 19.21% |
| Volume | 1,141 |
| Open | 87.83 |
| Previous Close | 87.90 |
| Day's Range | 87.83 - 88.16 |
| 52-Week Low | 73.16 |
| 52-Week High | 88.19 |
| Beta | 0.83 |
| Holdings | 50 |
| Inception Date | Dec 15, 2006 |
About POWA
Fund Home PageThe 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.
Top 10 Holdings
21.63% of assets| Name | Symbol | Weight |
|---|---|---|
| The Kroger Co. | KR | 2.22% |
| AutoZone, Inc. | AZO | 2.18% |
| Mettler-Toledo International Inc. | MTD | 2.17% |
| ServiceNow, Inc. | NOW | 2.17% |
| Walmart Inc. | WMT | 2.16% |
| MSCI Inc. | MSCI | 2.15% |
| Waters Corporation | WAT | 2.15% |
| KLA Corporation | KLAC | 2.15% |
| Sysco Corporation | SYY | 2.15% |
| Microsoft Corporation | MSFT | 2.13% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.64275 | Dec 27, 2024 |
| Dec 18, 2023 | $1.15776 | Dec 22, 2023 |
| Dec 19, 2022 | $0.98146 | Dec 23, 2022 |
| Dec 20, 2021 | $0.77772 | Dec 31, 2021 |
| Dec 21, 2020 | $0.79404 | Dec 31, 2020 |
| Dec 23, 2019 | $0.64752 | Dec 31, 2019 |
Performance
POWA had a total return of 14.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.94%.
News
POWA: Strategy Change Promotes Pricing Power And Stability
POWA changed strategies approximately one year ago and now holds 50 U.S. large- and mid-cap securities in equal weight with stable five-year gross profit margins. Given these companies' strong pricing...
Europe's Knife-Edge Path Toward Beating Inflation Without A Recession
Growth in Europe's advanced economies will slow to 0.7 percent this year from 3.6 percent last year while emerging economies (excluding Türkiye, Belarus, Russia, and Ukraine) will also see a sharp dec...
DEF: Definitely Don't Buy Into This Defensive ETF
DEF follows a quantitative-based Index that selects 100 S&P 500 stocks based on historical volatility and the probability of achieving required sales growth. Its expense ratio is 0.55%.
The ETF That Aims to Build A Wall During Market Weakness
The ETF industry has something for everyone -- the Invesco Defensive Equity ETF (ticker: DEF) looks to build a wall during periods of stock market weakness, while still offering the potential for gain...
This defensive, stock-based ETF is beating the market this year
Invesco's Defensive Equity ETF offers a "modern" approach to seeking safety, says ETF.com's Dave Nadig.
This defensive, stock-based ETF is beating the market this year.
Dave Nadig, managing director of ETF.com, and Steve Grasso, managing director of institutional trading at Stuart Frankel, talk Invesco's Defensive Equity ETF and other protective plays with CNBC's See...