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 Wednesday . Approximately 109,265 shares changed hands during mid-day trading, an increase of 155% from the previous session’s volume of 42,913 shares.The stock last traded at $55.12 and had previously closed at $54.87.

Invesco Large Cap Value ETF Stock Performance

The business has a 50-day moving average price of $55.13 and a 200 day moving average price of $53.89. The stock has a market capitalization of $891.55 million, a P/E ratio of 17.51 and a beta of 0.69.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cooksen Wealth LLC purchased a new stake in Invesco Large Cap Value ETF during the 4th quarter valued at $2,654,000. Cetera Investment Advisers raised its stake in Invesco Large Cap Value ETF by 357.5% during the 1st quarter. Cetera Investment Advisers now owns 39,212 shares of the company’s stock valued at $2,223,000 after buying an additional 30,641 shares during the last quarter. Prosperity Consulting Group LLC purchased a new stake in Invesco Large Cap Value ETF during the 1st quarter valued at $1,502,000. Willner & Heller LLC purchased a new stake in Invesco Large Cap Value ETF during the 4th quarter valued at $1,256,000. Finally, Waverly Advisors LLC purchased a new stake in Invesco Large Cap Value ETF during the 1st quarter valued at $1,001,000.

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.