Wells Fargo & Company MN Sells 6,631 Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV)

Wells Fargo & Company MN reduced its position in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,386 shares of the company’s stock after selling 6,631 shares during the period. Wells Fargo & Company MN’s holdings in Invesco Large Cap Value ETF were worth $8,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in PWV. FMR LLC grew its position in shares of Invesco Large Cap Value ETF by 4.0% during the third quarter. FMR LLC now owns 9,293 shares of the company’s stock worth $542,000 after purchasing an additional 360 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco Large Cap Value ETF in the 4th quarter valued at about $14,691,000. Jane Street Group LLC purchased a new stake in shares of Invesco Large Cap Value ETF in the third quarter valued at approximately $255,000. Bank of New York Mellon Corp bought a new position in shares of Invesco Large Cap Value ETF during the 4th quarter worth $333,000. Finally, Independent Advisor Alliance bought a new position in shares of Invesco Large Cap Value ETF during the fourth quarter valued at approximately $275,000.

Invesco Large Cap Value ETF Price Performance

Shares of PWV stock opened at $55.23 on Friday. The stock’s 50-day moving average is $58.30 and its 200 day moving average is $58.76. Invesco Large Cap Value ETF has a 1-year low of $50.82 and a 1-year high of $62.00. The company has a market cap of $967.08 million, a P/E ratio of 15.99 and a beta of 0.80.

About Invesco Large Cap Value ETF

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.