Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Large Growth in Short Interest

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 22,999 shares, an increase of 47.6% from the December 15th total of 15,578 shares. Based on an average trading volume of 46,263 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 46,263 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Invesco Large Cap Value ETF

Hedge funds have recently made changes to their positions in the business. Fortitude Family Office LLC bought a new position in Invesco Large Cap Value ETF in the 4th quarter valued at $31,000. First Heartland Consultants Inc. bought a new position in shares of Invesco Large Cap Value ETF in the 4th quarter worth $411,000. Stonebridge Wealth Management LLC bought a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter valued at about $471,000. RDA Financial Network lifted its holdings in shares of Invesco Large Cap Value ETF by 3.0% during the 4th quarter. RDA Financial Network now owns 6,800 shares of the company’s stock valued at $452,000 after purchasing an additional 200 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Invesco Large Cap Value ETF by 14.2% during the third quarter. JPMorgan Chase & Co. now owns 50,852 shares of the company’s stock worth $3,316,000 after acquiring an additional 6,308 shares during the last quarter.

Invesco Large Cap Value ETF Trading Down 0.2%

PWV stock traded down $0.16 during trading on Friday, reaching $67.32. The stock had a trading volume of 44,224 shares, compared to its average volume of 61,539. The stock’s 50 day moving average is $66.57 and its two-hundred day moving average is $64.71. The firm has a market cap of $1.29 billion, a PE ratio of 16.47 and a beta of 0.81. Invesco Large Cap Value ETF has a 52 week low of $50.82 and a 52 week high of $68.04.

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.