Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Large Volume Increase – Here’s Why

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw an uptick in trading volume on Wednesday . 98,011 shares changed hands during mid-day trading, an increase of 145% from the previous session’s volume of 40,007 shares.The stock last traded at $58.77 and had previously closed at $58.97.

Invesco Large Cap Value ETF Stock Down 0.1 %

The firm’s fifty day simple moving average is $58.14 and its 200-day simple moving average is $56.41. The firm has a market capitalization of $952.31 million, a PE ratio of 17.51 and a beta of 0.69.

Institutional Trading of Invesco Large Cap Value ETF

Institutional investors have recently made changes to their positions in the stock. Horizon Family Wealth Inc. boosted its stake in shares of Invesco Large Cap Value ETF by 0.5% in the 1st quarter. Horizon Family Wealth Inc. now owns 50,131 shares of the company’s stock worth $2,841,000 after buying an additional 236 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Invesco Large Cap Value ETF by 2.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 10,718 shares of the company’s stock valued at $607,000 after purchasing an additional 256 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Invesco Large Cap Value ETF by 35.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock worth $95,000 after purchasing an additional 458 shares during the period. ORG Partners LLC purchased a new position in shares of Invesco Large Cap Value ETF in the second quarter worth approximately $44,000. Finally, Eastern Bank bought a new stake in Invesco Large Cap Value ETF during the third quarter valued at approximately $100,000.

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.