Wells Fargo & Company MN Acquires Shares of 430 Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD)

Wells Fargo & Company MN bought a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 430 shares of the company’s stock, valued at approximately $30,000.

A number of other hedge funds and other institutional investors have also modified their holdings of UPGD. Raymond James Financial Inc. acquired a new stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter valued at about $13,460,000. Morey & Quinn Wealth Partners LLC acquired a new position in Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter worth about $351,000. Millstone Evans Group LLC bought a new stake in Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at about $312,000. Finally, Smith Moore & CO. raised its stake in Invesco Bloomberg Analyst Rating Improvers ETF by 14.3% during the fourth quarter. Smith Moore & CO. now owns 3,195 shares of the company’s stock valued at $221,000 after buying an additional 400 shares in the last quarter.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

Shares of UPGD opened at $69.99 on Thursday. Invesco Bloomberg Analyst Rating Improvers ETF has a 12-month low of $61.76 and a 12-month high of $75.85. The business’s fifty day moving average price is $67.84 and its 200 day moving average price is $70.52. The stock has a market capitalization of $106.38 million, a PE ratio of 21.64 and a beta of 1.01.

About Invesco Bloomberg Analyst Rating Improvers ETF

The Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) is an exchange-traded fund that is based on the Bloomberg ANR Improvers index. The fund tracks an equal-weighted index of large-and mid-cap US stocks that are identified to have the most improved consensus ratings based on analyst recommendations.