Envestnet Asset Management Inc. Grows Stake in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Envestnet Asset Management Inc. increased its holdings in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 184,958 shares of the company’s stock after purchasing an additional 16,567 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco Large Cap Value ETF were worth $10,520,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Invesco Large Cap Value ETF in the 4th quarter worth approximately $14,691,000. Stonebridge Financial Group LLC bought a new stake in Invesco Large Cap Value ETF in the fourth quarter worth $6,209,000. Atlas Private Wealth Advisors raised its stake in Invesco Large Cap Value ETF by 17.1% during the fourth quarter. Atlas Private Wealth Advisors now owns 277,302 shares of the company’s stock valued at $15,774,000 after purchasing an additional 40,436 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Invesco Large Cap Value ETF by 183.9% during the fourth quarter. JPMorgan Chase & Co. now owns 24,686 shares of the company’s stock valued at $1,404,000 after purchasing an additional 15,991 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of Invesco Large Cap Value ETF by 3.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 434,432 shares of the company’s stock worth $24,709,000 after buying an additional 12,971 shares in the last quarter.

Invesco Large Cap Value ETF Trading Up 1.2 %

Shares of NYSEARCA PWV opened at $55.23 on Friday. Invesco Large Cap Value ETF has a 12-month low of $50.82 and a 12-month high of $62.00. The firm’s 50-day moving average price is $58.20 and its 200-day moving average price is $58.74. The stock has a market capitalization of $967.08 million, a price-to-earnings ratio of 15.99 and a beta of 0.80.

Invesco Large Cap Value ETF Company Profile

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.