Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Strong Trading Volume – Time to Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB – Get Free Report) saw unusually-high trading volume on Friday. 281,731 shares were traded during mid-day trading, an increase of 219% from the average daily volume of 88,396 shares. The stock last traded at $146.8450 and had previously closed at $154.44.

Invesco Large Cap Growth ETF Stock Down 4.4%

The stock’s 50-day moving average price is $157.43 and its 200-day moving average price is $149.12. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 40.15 and a beta of 1.22.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Bfsg LLC acquired a new stake in Invesco Large Cap Growth ETF during the 3rd quarter worth $305,000. Chicago Partners Investment Group LLC bought a new stake in shares of Invesco Large Cap Growth ETF during the 3rd quarter valued at $4,379,000. Caldwell Trust Co acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $1,808,000. Serenity Investment Advisors acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $251,000. Finally, Peck Wealth Management LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $2,637,000.

Invesco Large Cap Growth ETF Company Profile

(Get Free Report)

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.

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