Invesco Large Cap Value ETF (NYSEARCA:PWV) Reaches New 12-Month High – Here’s What Happened
by Sarita Garza · The Markets DailyInvesco Large Cap Value ETF (NYSEARCA:PWV – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $82.21 and last traded at $82.10, with a volume of 163002 shares traded. The stock had previously closed at $81.47.
Invesco Large Cap Value ETF Trading Down 1.0%
The business has a fifty day moving average price of $78.67 and a two-hundred day moving average price of $73.97. The firm has a market capitalization of $1.75 billion, a PE ratio of 16.47 and a beta of 0.71.
Institutional Trading of Invesco Large Cap Value ETF
Several institutional investors have recently added to or reduced their stakes in PWV. Advisory Services Network LLC purchased a new position in shares of Invesco Large Cap Value ETF during the third quarter worth $34,000. IFP Advisors Inc raised its holdings in shares of Invesco Large Cap Value ETF by 356.5% in the 4th quarter. IFP Advisors Inc now owns 913 shares of the company’s stock valued at $61,000 after buying an additional 713 shares during the period. Motiv8 Investments LLC acquired a new position in Invesco Large Cap Value ETF during the 4th quarter worth about $61,000. Advisortrust Partners LLC acquired a new position in Invesco Large Cap Value ETF during the 1st quarter worth about $78,000. Finally, Blueline Advisors LLC acquired a new position in Invesco Large Cap Value ETF during the 4th quarter worth about $99,000.
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.
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