Janney Montgomery Scott LLC Boosts Stake in Invesco Global Listed Private Equity ETF (NYSEARCA:PSP)

Janney Montgomery Scott LLC increased its stake in Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) by 78.2% during the first quarter, Holdings Channel.com reports. The firm owned 7,154 shares of the company’s stock after purchasing an additional 3,140 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Invesco Global Listed Private Equity ETF were worth $458,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of PSP. Wealthfront Advisers LLC bought a new position in shares of Invesco Global Listed Private Equity ETF in the fourth quarter worth approximately $5,391,000. LPL Financial LLC lifted its stake in shares of Invesco Global Listed Private Equity ETF by 44.6% during the 4th quarter. LPL Financial LLC now owns 226,352 shares of the company’s stock valued at $15,113,000 after buying an additional 69,857 shares in the last quarter. Raymond James Financial Inc. bought a new position in Invesco Global Listed Private Equity ETF in the 4th quarter worth $2,589,000. Bank of America Corp DE increased its stake in Invesco Global Listed Private Equity ETF by 8.1% in the 4th quarter. Bank of America Corp DE now owns 240,255 shares of the company’s stock worth $16,042,000 after buying an additional 17,925 shares in the last quarter. Finally, Natixis Advisors LLC bought a new stake in Invesco Global Listed Private Equity ETF during the fourth quarter valued at about $767,000. 70.39% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Global Listed Private Equity ETF Stock Up 0.7%

Shares of Invesco Global Listed Private Equity ETF stock opened at $69.66 on Friday. The stock’s 50-day simple moving average is $66.45 and its 200-day simple moving average is $66.37. The company has a market capitalization of $288.39 million, a price-to-earnings ratio of 13.46 and a beta of 1.33. Invesco Global Listed Private Equity ETF has a 52 week low of $53.60 and a 52 week high of $72.14.

Invesco Global Listed Private Equity ETF Company 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.