Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-high trading volume on Wednesday . Approximately 98,011 shares changed hands during trading, an increase of 145% from the previous session’s volume of 40,007 shares.The stock last traded at $58.77 and had previously closed at $58.97.

Invesco Large Cap Value ETF Stock Down 0.6 %

The company has a market cap of $945.20 million, a P/E ratio of 17.51 and a beta of 0.69. The business has a 50-day moving average price of $58.23 and a two-hundred day moving average price of $56.44.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PWV. IAG Wealth Partners LLC bought a new stake in Invesco Large Cap Value ETF in the second quarter valued at about $16,338,000. Commonwealth Equity Services LLC increased its holdings in Invesco Large Cap Value ETF by 377.7% in the second quarter. Commonwealth Equity Services LLC now owns 367,359 shares of the company’s stock valued at $20,219,000 after purchasing an additional 290,464 shares during the last quarter. Atlas Private Wealth Advisors increased its holdings in Invesco Large Cap Value ETF by 84.2% in the second quarter. Atlas Private Wealth Advisors now owns 326,168 shares of the company’s stock valued at $17,953,000 after purchasing an additional 149,097 shares during the last quarter. LPL Financial LLC increased its holdings in Invesco Large Cap Value ETF by 11.6% in the second quarter. LPL Financial LLC now owns 1,083,031 shares of the company’s stock valued at $59,610,000 after purchasing an additional 112,667 shares during the last quarter. Finally, Good Life Advisors LLC increased its holdings in Invesco Large Cap Value ETF by 115.9% in the third quarter. Good Life Advisors LLC now owns 122,942 shares of the company’s stock valued at $7,171,000 after purchasing an additional 66,010 shares during the last quarter.

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.