Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Strong Trading Volume – Time to Buy?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWVGet Free Report) saw an uptick in trading volume on Friday . 114,579 shares changed hands during trading, an increase of 194% from the previous session’s volume of 38,933 shares.The stock last traded at $59.83 and had previously closed at $59.97.

Invesco Large Cap Value ETF Stock Performance

The stock has a 50 day moving average price of $58.55 and a 200 day moving average price of $56.85. The company has a market cap of $966.85 million, a P/E ratio of 17.51 and a beta of 0.69.

Institutional Trading of Invesco Large Cap Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in PWV. ORG Partners LLC purchased a new stake in shares of Invesco Large Cap Value ETF during the second quarter valued at $44,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Invesco Large Cap Value ETF by 35.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock worth $95,000 after buying an additional 458 shares during the period. Eastern Bank purchased a new position in shares of Invesco Large Cap Value ETF in the third quarter worth approximately $100,000. Glenmede Trust Co. NA raised its holdings in shares of Invesco Large Cap Value ETF by 237.2% during the third quarter. Glenmede Trust Co. NA now owns 1,848 shares of the company’s stock valued at $108,000 after acquiring an additional 1,300 shares during the period. Finally, Mason & Associates Inc purchased a new stake in shares of Invesco Large Cap Value ETF in the 3rd quarter valued at approximately $202,000.

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.

Further Reading

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