Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Update

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 22,999 shares, an increase of 47.6% from the December 15th total of 15,578 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 46,263 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 46,263 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Invesco Large Cap Value ETF Stock Performance

Invesco Large Cap Value ETF stock traded down $0.16 during midday trading on Friday, reaching $67.32. 44,224 shares of the company’s stock were exchanged, compared to its average volume of 61,539. Invesco Large Cap Value ETF has a 52 week low of $50.82 and a 52 week high of $68.04. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 16.47 and a beta of 0.81. The stock’s 50-day simple moving average is $66.61 and its 200 day simple moving average is $64.76.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PWV. Bank of America Corp DE lifted its holdings in shares of Invesco Large Cap Value ETF by 20.9% during the second quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock worth $48,102,000 after buying an additional 134,052 shares in the last quarter. Stratos Investment Management LLC bought a new position in Invesco Large Cap Value ETF during the second quarter worth about $7,583,000. Raymond James Financial Inc. increased its position in Invesco Large Cap Value ETF by 24.3% during the third 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. Capstone Wealth Management Group LLC acquired a new stake in Invesco Large Cap Value ETF in the 3rd quarter worth about $4,163,000. Finally, Private Advisor Group LLC boosted its holdings in Invesco Large Cap Value ETF by 240.4% in the 3rd quarter. Private Advisor Group LLC now owns 63,534 shares of the company’s stock valued at $4,143,000 after purchasing an additional 44,872 shares during the period.

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.