Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sets New 52-Week High – Still a Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWBGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $157.58 and last traded at $157.58, with a volume of 1865 shares trading hands. The stock had previously closed at $154.71.

Invesco Large Cap Growth ETF Stock Up 2.4%

The business’s 50 day moving average is $140.55 and its 200-day moving average is $133.96. The firm has a market capitalization of $2.07 billion, a P/E ratio of 40.15 and a beta of 1.22.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Equitable Holdings Inc. increased its stake in Invesco Large Cap Growth ETF by 0.3% in the fourth quarter. Equitable Holdings Inc. now owns 29,098 shares of the company’s stock valued at $3,699,000 after acquiring an additional 77 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in Invesco Large Cap Growth ETF by 1.9% in the first quarter. Kestra Private Wealth Services LLC now owns 5,437 shares of the company’s stock valued at $685,000 after acquiring an additional 101 shares during the last quarter. Keybank National Association OH increased its stake in Invesco Large Cap Growth ETF by 1.0% in the fourth quarter. Keybank National Association OH now owns 10,034 shares of the company’s stock valued at $1,275,000 after acquiring an additional 104 shares during the last quarter. Forge Financial Services LLC increased its stake in Invesco Large Cap Growth ETF by 0.3% in the fourth quarter. Forge Financial Services LLC now owns 39,519 shares of the company’s stock valued at $5,024,000 after acquiring an additional 126 shares during the last quarter. Finally, Harmony Asset Management LLC increased its stake in Invesco Large Cap Growth ETF by 2.1% in the first quarter. Harmony Asset Management LLC now owns 6,471 shares of the company’s stock valued at $815,000 after acquiring an additional 132 shares during the last quarter.

About Invesco Large Cap Growth ETF

(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.

Recommended Stories

Receive News & Ratings for Invesco Large Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Large Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.