Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Here’s What Happened

by · The Cerbat Gem

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV – Get Free Report) saw unusually-high trading volume on Friday . Approximately 146,568 shares traded hands during mid-day trading, an increase of 244% from the previous session’s volume of 42,617 shares.The stock last traded at $66.3290 and had previously closed at $66.35.

Invesco Large Cap Value ETF Price Performance

The business has a 50 day moving average of $64.85 and a 200 day moving average of $62.56. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of 16.47 and a beta of 0.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PWV. Private Advisor Group LLC lifted its stake in Invesco Large Cap Value ETF by 1.2% in the 1st quarter. Private Advisor Group LLC now owns 18,218 shares of the company’s stock valued at $1,084,000 after acquiring an additional 210 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco Large Cap Value ETF by 0.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 186,248 shares of the company’s stock worth $11,084,000 after acquiring an additional 1,290 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Invesco Large Cap Value ETF by 8.6% in the second quarter. Janney Montgomery Scott LLC now owns 10,291 shares of the company’s stock valued at $639,000 after purchasing an additional 812 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco Large Cap Value ETF by 0.5% in the first quarter. Cetera Investment Advisers now owns 36,944 shares of the company’s stock worth $2,198,000 after purchasing an additional 175 shares in the last quarter. Finally, Philip James Wealth Mangement LLC lifted its position in shares of Invesco Large Cap Value ETF by 0.7% in the second quarter. Philip James Wealth Mangement LLC now owns 23,827 shares of the company’s stock worth $1,481,000 after purchasing an additional 165 shares in the last quarter.

Invesco Large Cap Value ETF Company Profile

(Get Free Report)

PowerShares Dynamic Large Cap Value Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Large Cap Value Intellidex Index (the Index). The Index is designed to provide capital appreciation, while maintaining consistent stylistically accurate exposure.

Recommended Stories