Invesco Large Cap Value ETF $PWV Shares Newly Acquired by Avaii Wealth Management LLC

Avaii Wealth Management LLC acquired a new stake in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 89,491 shares of the company’s stock, valued at approximately $6,862,000. Invesco Large Cap Value ETF makes up 1.9% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position.

Other large investors also recently modified their holdings of the company. Harmony Asset Management LLC grew its position in Invesco Large Cap Value ETF by 2.4% in the first quarter. Harmony Asset Management LLC now owns 8,418 shares of the company’s stock valued at $587,000 after acquiring an additional 199 shares during the period. Stonebridge Wealth Management LLC lifted its holdings in shares of Invesco Large Cap Value ETF by 4.0% during the first quarter. Stonebridge Wealth Management LLC now owns 7,364 shares of the company’s stock valued at $513,000 after acquiring an additional 286 shares during the period. Capstone Wealth Management Group LLC lifted its holdings in shares of Invesco Large Cap Value ETF by 1.2% during the first quarter. Capstone Wealth Management Group LLC now owns 68,253 shares of the company’s stock valued at $4,758,000 after acquiring an additional 839 shares during the period. Motiv8 Investments LLC acquired a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter valued at $61,000. Finally, First Heartland Consultants Inc. boosted its stake in shares of Invesco Large Cap Value ETF by 16.7% in the 2nd quarter. First Heartland Consultants Inc. now owns 7,280 shares of the company’s stock valued at $552,000 after purchasing an additional 1,042 shares in the last quarter.

Invesco Large Cap Value ETF Trading Down 0.7%

Shares of Invesco Large Cap Value ETF stock traded down $0.56 during mid-day trading on Friday, reaching $77.53. 284,628 shares of the stock were exchanged, compared to its average volume of 96,193. Invesco Large Cap Value ETF has a fifty-two week low of $63.54 and a fifty-two week high of $83.41. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 16.47 and a beta of 0.72. The firm has a 50-day simple moving average of $80.30 and a 200 day simple moving average of $76.48.

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.