NewEdge Advisors LLC Has $31,000 Stock Holdings in Invesco Global Listed Private Equity ETF $PSP

NewEdge Advisors LLC trimmed its position in Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) by 98.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 555 shares of the company’s stock after selling 28,855 shares during the period. NewEdge Advisors LLC’s holdings in Invesco Global Listed Private Equity ETF were worth $31,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Invesco Global Listed Private Equity ETF by 825.9% during the third quarter. JPMorgan Chase & Co. now owns 537 shares of the company’s stock valued at $37,000 after purchasing an additional 479 shares in the last quarter. Manchester Capital Management LLC grew its stake in shares of Invesco Global Listed Private Equity ETF by 55.6% in the fourth quarter. Manchester Capital Management LLC now owns 700 shares of the company’s stock worth $47,000 after purchasing an additional 250 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Invesco Global Listed Private Equity ETF by 383.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,150 shares of the company’s stock valued at $77,000 after purchasing an additional 912 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Invesco Global Listed Private Equity ETF during the 4th quarter worth about $233,000. Finally, Kestra Advisory Services LLC increased its stake in shares of Invesco Global Listed Private Equity ETF by 14.3% in the 4th quarter. Kestra Advisory Services LLC now owns 3,514 shares of the company’s stock valued at $236,000 after acquiring an additional 440 shares in the last quarter. 70.39% of the stock is currently owned by institutional investors and hedge funds.

Invesco Global Listed Private Equity ETF Trading Up 0.9%

Invesco Global Listed Private Equity ETF stock opened at $64.34 on Friday. The firm has a market capitalization of $250.28 million, a price-to-earnings ratio of 14.07 and a beta of 1.25. Invesco Global Listed Private Equity ETF has a 1-year low of $54.12 and a 1-year high of $72.90. The firm’s fifty day moving average price is $59.71 and its two-hundred day moving average price is $59.65.

About Invesco Global Listed Private Equity ETF

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.