70,000 Shares in Invesco Global Listed Private Equity ETF $PSP Acquired by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC bought a new position in shares of Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 70,000 shares of the company’s stock, valued at approximately $4,695,000.

Other hedge funds have also recently bought and sold shares of the company. Touchstone Capital Inc. acquired a new stake in Invesco Global Listed Private Equity ETF during the third quarter worth approximately $16,198,000. Brighton Jones LLC acquired a new stake in Invesco Global Listed Private Equity ETF during the fourth quarter worth approximately $401,000. Beta Wealth Group Inc. boosted its position in Invesco Global Listed Private Equity ETF by 48.0% during the third quarter. Beta Wealth Group Inc. now owns 108,854 shares of the company’s stock worth $7,513,000 after acquiring an additional 35,304 shares during the last quarter. Endowment Wealth Management Inc. boosted its position in Invesco Global Listed Private Equity ETF by 2.0% during the third quarter. Endowment Wealth Management Inc. now owns 192,882 shares of the company’s stock worth $13,313,000 after acquiring an additional 3,762 shares during the last quarter. Finally, Bessemer Group Inc. boosted its position in Invesco Global Listed Private Equity ETF by 19.6% during the third quarter. Bessemer Group Inc. now owns 18,423 shares of the company’s stock worth $1,272,000 after acquiring an additional 3,025 shares during the last quarter. Institutional investors and hedge funds own 70.39% of the company’s stock.

Invesco Global Listed Private Equity ETF Stock Performance

Shares of NYSEARCA PSP opened at $62.13 on Friday. The firm has a market cap of $260.32 million, a P/E ratio of 14.07 and a beta of 1.27. The firm’s 50 day moving average price is $58.67 and its 200 day moving average price is $63.79. Invesco Global Listed Private Equity ETF has a 1 year low of $54.18 and a 1 year high of $72.97.

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. The Index includes between 40 and 60 publicly listed private equity companies, including business development companies and other financial institutions or vehicles whose principal business is to invest in and lend capital to privately held companies.