Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sets New 52-Week High – What’s Next?

Invesco Large Cap Growth ETF (NYSEARCA:PWB)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $144.70 and last traded at $144.64, with a volume of 85899 shares trading hands. The stock had previously closed at $142.94.

Invesco Large Cap Growth ETF Price Performance

The company has a market capitalization of $1.83 billion, a P/E ratio of 40.15 and a beta of 1.18. The company has a fifty day moving average price of $133.16 and a 200 day moving average price of $130.45.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

Institutional investors have recently made changes to their positions in the stock. MidFirst Bank bought a new position in Invesco Large Cap Growth ETF in the 4th quarter worth approximately $31,000. Fortitude Family Office LLC bought a new position in Invesco Large Cap Growth ETF in the 4th quarter worth approximately $40,000. CX Institutional bought a new position in Invesco Large Cap Growth ETF in the 3rd quarter worth approximately $44,000. Beaird Harris Wealth Management LLC bought a new position in Invesco Large Cap Growth ETF in the 3rd quarter worth approximately $45,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in Invesco Large Cap Growth ETF in the 3rd quarter worth approximately $60,000.

About Invesco Large Cap Growth ETF

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.