Truist Financial Corp Grows Stock Position in Invesco Large Cap Growth ETF $PWB

Truist Financial Corp grew its holdings in shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) by 85.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,445 shares of the company’s stock after purchasing an additional 42,514 shares during the quarter. Truist Financial Corp owned approximately 0.82% of Invesco Large Cap Growth ETF worth $11,751,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Fortitude Family Office LLC acquired a new position in Invesco Large Cap Growth ETF during the fourth quarter worth $40,000. CX Institutional purchased a new stake in Invesco Large Cap Growth ETF in the 3rd quarter valued at $44,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of Invesco Large Cap Growth ETF in the 3rd quarter worth $45,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Invesco Large Cap Growth ETF during the 3rd quarter worth $60,000. Finally, Assetmark Inc. raised its holdings in shares of Invesco Large Cap Growth ETF by 12,150.0% during the 4th quarter. Assetmark Inc. now owns 490 shares of the company’s stock worth $62,000 after acquiring an additional 486 shares during the period.

Invesco Large Cap Growth ETF Trading Down 1.1%

Shares of PWB stock opened at $151.47 on Friday. Invesco Large Cap Growth ETF has a twelve month low of $103.26 and a twelve month high of $153.24. The company’s 50-day moving average price is $135.69 and its 200-day moving average price is $131.88. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 40.15 and a beta of 1.22.

About Invesco Large Cap Growth ETF

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.