Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Strong Trading Volume

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-high trading volume on Tuesday . Approximately 103,189 shares were traded during mid-day trading, an increase of 144% from the previous session’s volume of 42,360 shares.The stock last traded at $55.15 and had previously closed at $54.93.

Invesco Large Cap Value ETF Stock Performance

The stock has a market cap of $883.80 million, a PE ratio of 17.08 and a beta of 0.71. The company’s 50-day moving average price is $55.07 and its two-hundred day moving average price is $51.45.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Several hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in Invesco Large Cap Value ETF by 7.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 538,289 shares of the company’s stock worth $25,192,000 after acquiring an additional 38,137 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Invesco Large Cap Value ETF by 0.5% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 178,223 shares of the company’s stock valued at $10,102,000 after buying an additional 907 shares during the period. Envestnet Asset Management Inc. raised its stake in Invesco Large Cap Value ETF by 62.6% in the third quarter. Envestnet Asset Management Inc. now owns 139,289 shares of the company’s stock worth $6,519,000 after buying an additional 53,631 shares in the last quarter. Arkadios Wealth Advisors boosted its position in Invesco Large Cap Value ETF by 9.8% during the 4th quarter. Arkadios Wealth Advisors now owns 129,944 shares of the company’s stock valued at $6,593,000 after acquiring an additional 11,544 shares in the last quarter. Finally, MRA Advisory Group raised its position in shares of Invesco Large Cap Value ETF by 12.7% in the 3rd quarter. MRA Advisory Group now owns 110,038 shares of the company’s stock worth $5,150,000 after acquiring an additional 12,369 shares in 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.