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

Invesco Large Cap Value ETF (NYSEARCA:PWVGet Free Report) shares saw an uptick in trading volume on Monday . Approximately 247,591 shares changed hands during mid-day trading, an increase of 221% from the previous session’s volume of 77,230 shares.The stock last traded at $81.6240 and had previously closed at $81.99.

Invesco Large Cap Value ETF Trading Down 0.4%

The company has a market cap of $1.75 billion, a price-to-earnings ratio of 16.47 and a beta of 0.71. The company’s 50 day moving average price is $80.54 and its 200 day moving average price is $75.34.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in Invesco Large Cap Value ETF during the 3rd quarter worth approximately $34,000. IFP Advisors Inc lifted its holdings in shares of Invesco Large Cap Value ETF by 356.5% in the 4th quarter. IFP Advisors Inc now owns 913 shares of the company’s stock valued at $61,000 after buying an additional 713 shares during the period. Motiv8 Investments LLC acquired a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter valued at approximately $61,000. Advisortrust Partners LLC purchased a new stake in shares of Invesco Large Cap Value ETF in the first quarter valued at approximately $78,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco Large Cap Value ETF in the second quarter valued at approximately $102,000.

About Invesco Large Cap Value ETF

(Get Free Report)

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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