Invesco Large Cap Value ETF (NYSEARCA:PWV) Sets New 1-Year High – Here’s What Happened

Invesco Large Cap Value ETF (NYSEARCA:PWV) hit a new 52-week high on Thursday . The stock traded as high as $67.10 and last traded at $67.0060, with a volume of 18443 shares traded. The stock had previously closed at $66.44.

Invesco Large Cap Value ETF Price Performance

The stock has a market cap of $1.25 billion, a PE ratio of 16.47 and a beta of 0.81. The firm has a 50 day moving average of $65.43 and a two-hundred day moving average of $63.63.

Institutional Trading of Invesco Large Cap Value ETF

Hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in Invesco Large Cap Value ETF by 5.4% in the third quarter. Bank of America Corp DE now owns 815,643 shares of the company’s stock worth $53,188,000 after buying an additional 41,555 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Invesco Large Cap Value ETF by 4.8% during the third quarter. PNC Financial Services Group Inc. now owns 564,431 shares of the company’s stock worth $36,807,000 after acquiring an additional 25,661 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Large Cap Value ETF by 5.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 508,334 shares of the company’s stock worth $33,148,000 after acquiring an additional 28,394 shares during the period. Raymond James Financial Inc. increased its holdings in shares of Invesco Large Cap Value ETF by 24.3% in the 3rd quarter. Raymond James Financial Inc. now owns 327,464 shares of the company’s stock worth $21,354,000 after acquiring an additional 64,004 shares during the period. Finally, IAG Wealth Partners LLC lifted its position in Invesco Large Cap Value ETF by 2.2% in the 3rd quarter. IAG Wealth Partners LLC now owns 316,933 shares of the company’s stock valued at $20,667,000 after purchasing an additional 6,876 shares during 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.