Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Up 311.5% in January

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 94,631 shares, a growth of 311.5% from the December 31st total of 22,999 shares. Based on an average daily volume of 63,310 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the company’s shares are short sold. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 63,310 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of Invesco Large Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in PWV. Fortitude Family Office LLC purchased a new position in shares of Invesco Large Cap Value ETF in the fourth quarter valued at about $31,000. Advisory Services Network LLC purchased a new position in shares of Invesco Large Cap Value ETF during the 3rd quarter worth $34,000. Allspring Global Investments Holdings LLC acquired a new stake in Invesco Large Cap Value ETF in the third quarter valued at $36,000. Beacon Capital Management Inc. acquired a new position in Invesco Large Cap Value ETF during the second quarter worth about $64,000. Finally, YANKCOM Partnership bought a new stake in Invesco Large Cap Value ETF in the fourth quarter worth about $72,000.

Invesco Large Cap Value ETF Price Performance

Shares of PWV stock traded up $0.18 during mid-day trading on Friday, hitting $68.54. The stock had a trading volume of 72,992 shares, compared to its average volume of 61,204. The firm’s 50-day moving average is $66.93 and its two-hundred day moving average is $65.07. The firm has a market capitalization of $1.32 billion, a P/E ratio of 16.47 and a beta of 0.81. Invesco Large Cap Value ETF has a 12-month low of $50.82 and a 12-month high of $68.54.

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund generally will invest at least 80% of its total assets in common stocks of large-capitalization companies.