Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) Shares Sold by Beacon Capital Management Inc.

Beacon Capital Management Inc. reduced its stake in shares of Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) by 3.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 291,421 shares of the company’s stock after selling 9,097 shares during the period. Invesco Global Listed Private Equity ETF makes up about 0.8% of Beacon Capital Management Inc.’s holdings, making the stock its 20th largest position. Beacon Capital Management Inc. owned about 7.79% of Invesco Global Listed Private Equity ETF worth $19,458,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Endowment Wealth Management Inc. increased its stake in shares of Invesco Global Listed Private Equity ETF by 2.6% during the 4th quarter. Endowment Wealth Management Inc. now owns 198,984 shares of the company’s stock worth $13,286,000 after purchasing an additional 5,134 shares in the last quarter. Wealthfront Advisers LLC purchased a new position in shares of Invesco Global Listed Private Equity ETF during the 4th quarter worth $5,391,000. Traction Financial Partners LLC grew its position in shares of Invesco Global Listed Private Equity ETF by 3.9% in the fourth quarter. Traction Financial Partners LLC now owns 53,884 shares of the company’s stock valued at $3,598,000 after purchasing an additional 2,039 shares during the period. Axxcess Wealth Management LLC increased its stake in Invesco Global Listed Private Equity ETF by 5.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 40,791 shares of the company’s stock valued at $2,724,000 after purchasing an additional 2,146 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Invesco Global Listed Private Equity ETF during the 4th quarter worth about $2,589,000.

Invesco Global Listed Private Equity ETF Stock Down 0.2 %

PSP stock opened at $66.47 on Friday. The company has a market cap of $288.48 million, a price-to-earnings ratio of 16.80 and a beta of 1.44. The business has a fifty day simple moving average of $68.58 and a 200-day simple moving average of $68.28. Invesco Global Listed Private Equity ETF has a 52 week low of $57.54 and a 52 week high of $72.14.

Invesco Global Listed Private Equity ETF Profile

PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index.