Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-high trading volume on Wednesday . Approximately 86,107 shares traded hands during trading, an increase of 126% from the previous session’s volume of 38,177 shares.The stock last traded at $55.29 and had previously closed at $55.18.

Invesco Large Cap Value ETF Trading Down 1.6 %

The company has a market capitalization of $950.44 million, a P/E ratio of 15.99 and a beta of 0.80. The stock has a 50 day moving average of $58.49 and a 200-day moving average of $58.81.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers increased its holdings in shares of Invesco Large Cap Value ETF by 0.6% in the fourth quarter. Cetera Investment Advisers now owns 36,769 shares of the company’s stock worth $2,091,000 after purchasing an additional 220 shares during the last quarter. Wedmont Private Capital grew its holdings in Invesco Large Cap Value ETF by 3.7% during the 4th quarter. Wedmont Private Capital now owns 6,223 shares of the company’s stock valued at $352,000 after buying an additional 223 shares in the last quarter. Spire Wealth Management increased its stake in Invesco Large Cap Value ETF by 0.9% in the 4th quarter. Spire Wealth Management now owns 33,106 shares of the company’s stock worth $1,883,000 after acquiring an additional 292 shares during the last quarter. Comerica Bank raised its holdings in shares of Invesco Large Cap Value ETF by 2.0% during the 4th quarter. Comerica Bank now owns 16,537 shares of the company’s stock worth $941,000 after acquiring an additional 325 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of Invesco Large Cap Value ETF by 4.0% during the 3rd quarter. FMR LLC now owns 9,293 shares of the company’s stock worth $542,000 after acquiring an additional 360 shares in the last quarter.

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.