Invesco Large Cap Growth ETF (NYSEARCA:PWB) Hits New 52-Week High – Time to Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $111.12 and last traded at $110.71, with a volume of 34442 shares trading hands. The stock had previously closed at $110.65.

Invesco Large Cap Growth ETF Stock Up 0.1 %

The company has a market capitalization of $1.05 billion, a P/E ratio of 36.77 and a beta of 1.12. The business has a 50 day simple moving average of $105.74 and a 200-day simple moving average of $101.31.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. LPL Financial LLC increased its holdings in shares of Invesco Large Cap Growth ETF by 7.3% during the fourth quarter. LPL Financial LLC now owns 861,653 shares of the company’s stock valued at $87,663,000 after purchasing an additional 58,412 shares during the period. Bank of America Corp DE increased its holdings in shares of Invesco Large Cap Growth ETF by 16.8% during the fourth quarter. Bank of America Corp DE now owns 437,783 shares of the company’s stock valued at $44,539,000 after purchasing an additional 62,987 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Invesco Large Cap Growth ETF during the fourth quarter valued at $43,876,000. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Large Cap Growth ETF by 1.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 105,589 shares of the company’s stock valued at $10,742,000 after purchasing an additional 1,347 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in shares of Invesco Large Cap Growth ETF during the fourth quarter valued at $10,296,000.

About Invesco Large Cap Growth ETF