Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $74.70 and last traded at $74.70, with a volume of 5843 shares traded. The stock had previously closed at $74.01.
Invesco Large Cap Value ETF Stock Performance
The firm’s 50 day moving average price is $71.34 and its 200-day moving average price is $69.03. The firm has a market capitalization of $1.49 billion, a PE ratio of 16.47 and a beta of 0.73.
Institutional Investors Weigh In On Invesco Large Cap Value ETF
Several hedge funds have recently modified their holdings of the company. Bank of America Corp DE lifted its stake in Invesco Large Cap Value ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 821,082 shares of the company’s stock valued at $57,238,000 after buying an additional 12,575 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Invesco Large Cap Value ETF by 141.0% in the 1st quarter. Arkadios Wealth Advisors now owns 387,000 shares of the company’s stock valued at $26,978,000 after buying an additional 226,423 shares in the last quarter. Lido Advisors LLC purchased a new position in Invesco Large Cap Value ETF in the 1st quarter valued at about $788,000. Advisortrust Partners LLC purchased a new position in Invesco Large Cap Value ETF in the 1st quarter valued at about $78,000. Finally, Harmony Asset Management LLC lifted its stake in Invesco Large Cap Value ETF by 2.4% in the 1st quarter. Harmony Asset Management LLC now owns 8,418 shares of the company’s stock valued at $587,000 after buying an additional 199 shares in the last quarter.
About Invesco Large Cap Value ETF
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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