Invesco Large Cap Value ETF (NYSEARCA:PWV – Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 25,958 shares, a decrease of 87.9% from the September 15th total of 214,479 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 282,135 shares, the days-to-cover ratio is presently 0.1 days.
Invesco Large Cap Value ETF Trading Down 0.7%
Shares of PWV stock traded down $0.56 during trading hours on Friday, reaching $77.53. The company’s stock had a trading volume of 284,628 shares, compared to its average volume of 96,193. Invesco Large Cap Value ETF has a one year low of $63.54 and a one year high of $83.41. The stock has a market capitalization of $1.84 billion, a P/E ratio of 16.47 and a beta of 0.72. The firm’s fifty day simple moving average is $80.25 and its 200 day simple moving average is $76.54.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in PWV. Armstrong Advisory Group Inc. bought a new position in shares of Invesco Large Cap Value ETF in the third quarter worth about $36,000. Motiv8 Investments LLC acquired a new position in shares of Invesco Large Cap Value ETF during the 4th quarter worth about $61,000. Advisortrust Partners LLC purchased a new position in Invesco Large Cap Value ETF in the 1st quarter worth approximately $78,000. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco Large Cap Value ETF during the 2nd quarter worth $102,000. Finally, Eastern Bank acquired a new position in Invesco Large Cap Value ETF in the 3rd quarter valued at about $130,000.
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.
Featured Stories
- Five stocks we like better than Invesco Large Cap Value ETF
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
Receive News & Ratings for Invesco Large Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Large Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
