Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Strong Trading Volume – Here’s Why

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw strong trading volume on Friday . 114,579 shares traded hands during trading, an increase of 194% from the previous session’s volume of 38,933 shares.The stock last traded at $59.83 and had previously closed at $59.97.

Invesco Large Cap Value ETF Stock Down 0.1 %

The stock has a 50 day moving average of $58.67 and a 200 day moving average of $56.90. The company has a market capitalization of $968.47 million, a price-to-earnings ratio of 17.51 and a beta of 0.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PWV. ORG Partners LLC bought a new position in Invesco Large Cap Value ETF during the second quarter worth $44,000. Eastern Bank bought a new position in shares of Invesco Large Cap Value ETF in the 3rd quarter worth about $100,000. EverSource Wealth Advisors LLC raised its position in shares of Invesco Large Cap Value ETF by 35.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock worth $95,000 after acquiring an additional 458 shares in the last quarter. Glenmede Trust Co. NA lifted its stake in shares of Invesco Large Cap Value ETF by 237.2% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,848 shares of the company’s stock valued at $108,000 after purchasing an additional 1,300 shares during the period. Finally, Mason & Associates Inc bought a new stake in shares of Invesco Large Cap Value ETF during the 3rd quarter valued at about $202,000.

Invesco Large Cap Value ETF Company Profile

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.