Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sets New 12-Month High – Time to Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) hit a new 52-week high on Thursday . The stock traded as high as $146.58 and last traded at $146.47, with a volume of 87826 shares trading hands. The stock had previously closed at $144.51.

Invesco Large Cap Growth ETF Stock Up 0.5%

The company has a 50-day simple moving average of $134.69 and a two-hundred day simple moving average of $131.28. The stock has a market cap of $1.92 billion, a P/E ratio of 40.15 and a beta of 1.22.

Institutional Trading of Invesco Large Cap Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MidFirst Bank bought a new stake in Invesco Large Cap Growth ETF in the fourth quarter valued at approximately $31,000. Fortitude Family Office LLC bought a new position in shares of Invesco Large Cap Growth ETF during the fourth quarter valued at approximately $40,000. CX Institutional bought a new position in shares of Invesco Large Cap Growth ETF during the third quarter valued at approximately $44,000. Beaird Harris Wealth Management LLC bought a new position in shares of Invesco Large Cap Growth ETF during the third quarter valued at approximately $45,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of Invesco Large Cap Growth ETF during the third quarter valued at approximately $60,000.

Invesco Large Cap Growth ETF Company Profile

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.