Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Update
by Teresa Graham · The Cerbat GemInvesco Large Cap Value ETF (NYSEARCA:PWV – Get Free Report) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 28,218 shares, an increase of 36.9% from the February 12th total of 20,618 shares. Based on an average daily volume of 43,105 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 43,105 shares, the days-to-cover ratio is presently 0.7 days.
Invesco Large Cap Value ETF Price Performance
PWV stock remained flat at $68.70 during mid-day trading on Friday. 74,591 shares of the company’s stock were exchanged, compared to its average volume of 56,169. Invesco Large Cap Value ETF has a one year low of $50.82 and a one year high of $71.39. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 16.47 and a beta of 0.81. The stock has a 50 day simple moving average of $69.07 and a 200-day simple moving average of $66.72.
Institutional Trading of Invesco Large Cap Value ETF
A number of hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Large Cap Value ETF by 55,132.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,719,847 shares of the company’s stock worth $912,644,000 after acquiring an additional 13,695,007 shares during the period. LPL Financial LLC raised its stake in Invesco Large Cap Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,845,579 shares of the company’s stock worth $122,768,000 after acquiring an additional 316,197 shares in the last quarter. SPWM Advisors LLC acquired a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter valued at $10,619,000. Bank of America Corp DE lifted its holdings in Invesco Large Cap Value ETF by 20.9% during the 2nd quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock valued at $48,102,000 after purchasing an additional 134,052 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake 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 buying an additional 64,004 shares during the last quarter.
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.