Invesco Large Cap Value ETF (NYSEARCA:PWV) Shares Shorted: Short Interest Up 185.8% in October

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 74,189 shares, a growth of 185.8% from the September 30th total of 25,958 shares. Based on an average daily trading volume, of 201,627 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of Invesco Large Cap Value ETF

Large investors have recently made changes to their positions in the business. Arkadios Wealth Advisors grew its position in shares of Invesco Large Cap Value ETF by 141.0% during the first quarter. Arkadios Wealth Advisors now owns 387,000 shares of the company’s stock worth $26,978,000 after buying an additional 226,423 shares in the last quarter. Waverly Advisors LLC lifted its stake in shares of Invesco Large Cap Value ETF by 1,259.2% in the second quarter. Waverly Advisors LLC now owns 224,439 shares of the company’s stock worth $17,006,000 after buying an additional 207,927 shares during the last quarter. Avaii Wealth Management LLC acquired a new stake in Invesco Large Cap Value ETF during the 3rd quarter worth approximately $6,862,000. Rose Capital Advisors LLC bought a new position in Invesco Large Cap Value ETF during the 2nd quarter worth approximately $4,570,000. Finally, Cornell Pochily Investment Advisors Inc. bought a new position in shares of Invesco Large Cap Value ETF during the 3rd quarter valued at about $1,784,000.

Invesco Large Cap Value ETF Trading Up 0.5%

PWV traded up $0.41 during trading on Friday, reaching $80.84. The stock had a trading volume of 52,755 shares, compared to its average volume of 96,787. The company has a market capitalization of $1.89 billion, a price-to-earnings ratio of 16.47 and a beta of 0.72. The stock’s 50 day moving average is $79.79 and its two-hundred day moving average is $74.96. Invesco Large Cap Value ETF has a one year low of $63.97 and a one year high of $83.41.

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.