Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Large Volume Increase – Should You Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWB – Get Free Report) shares saw unusually-strong trading volume on Friday. 389,802 shares traded hands during mid-day trading, an increase of 331% from the average daily volume of 90,465 shares. The stock last traded at $136.2910 and had previously closed at $134.15.

Invesco Large Cap Growth ETF Trading Up 2.0%

The company has a market capitalization of $2.34 billion, a P/E ratio of 40.15 and a beta of 1.24. The company has a 50 day moving average price of $156.43 and a 200 day moving average price of $149.33.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Several hedge funds have recently added to or reduced their stakes in the business. Greenleaf Trust acquired a new position in shares of Invesco Large Cap Growth ETF in the second quarter valued at $408,000. Maia Wealth LLC bought a new position in shares of Invesco Large Cap Growth ETF in the third quarter valued at about $1,068,000. Cetera Investment Advisers raised its position in shares of Invesco Large Cap Growth ETF by 23.1% in the first quarter. Cetera Investment Advisers now owns 66,501 shares of the company’s stock valued at $8,374,000 after purchasing an additional 12,478 shares during the period. IFP Advisors Inc bought a new position in shares of Invesco Large Cap Growth ETF in the second quarter valued at about $1,750,000. Finally, Investors Research Corp acquired a new stake in shares of Invesco Large Cap Growth ETF during the 3rd quarter worth about $2,024,000.

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.

Further Reading

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