Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Up 101.4% in August

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 56,258 shares, a growth of 101.4% from the August 15th total of 27,934 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 97,885 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

A number of large investors have recently bought and sold shares of PWV. Arkadios Wealth Advisors lifted its holdings in Invesco Large Cap Value ETF by 141.0% in the 1st quarter. Arkadios Wealth Advisors now owns 387,000 shares of the company’s stock valued at $26,978,000 after acquiring an additional 226,423 shares during the last quarter. Waverly Advisors LLC boosted its holdings in Invesco Large Cap Value ETF by 1,259.2% during 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 in the last quarter. Rose Capital Advisors LLC bought a new position in shares of Invesco Large Cap Value ETF in the second quarter valued at $4,570,000. Cary Street Partners Financial LLC acquired a new stake in shares of Invesco Large Cap Value ETF during the 4th quarter valued at $2,105,000. Finally, Private Advisor Group LLC grew its holdings in shares of Invesco Large Cap Value ETF by 26.3% in the 1st quarter. Private Advisor Group LLC now owns 94,973 shares of the company’s stock worth $6,621,000 after acquiring an additional 19,790 shares during the last quarter.

Invesco Large Cap Value ETF Stock Performance

Shares of NYSEARCA PWV traded down $0.79 during trading on Wednesday, hitting $80.97. 46,575 shares of the company were exchanged, compared to its average volume of 78,035. The firm has a market capitalization of $1.74 billion, a PE ratio of 16.47 and a beta of 0.71. Invesco Large Cap Value ETF has a 12-month low of $63.54 and a 12-month high of $83.41. The company has a fifty day moving average price of $80.69 and a 200-day moving average price of $75.50.

Invesco Large Cap Value ETF Company Profile

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.