Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Strong Trading Volume

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWVGet Free Report) saw strong trading volume on Wednesday . 172,548 shares were traded during mid-day trading, an increase of 302% from the previous session’s volume of 42,906 shares.The stock last traded at $57.32 and had previously closed at $57.11.

Invesco Large Cap Value ETF Price Performance

The business has a 50 day simple moving average of $55.82 and a 200 day simple moving average of $55.09. The company has a market cap of $925.81 million, a price-to-earnings ratio of 17.51 and a beta of 0.69.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Several hedge funds have recently added to or reduced their stakes in PWV. Frazier Financial Advisors LLC acquired a new position in Invesco Large Cap Value ETF in the fourth quarter valued at about $34,000. ORG Partners LLC acquired a new position in shares of Invesco Large Cap Value ETF in the 2nd quarter valued at approximately $44,000. EverSource Wealth Advisors LLC increased its stake in Invesco Large Cap Value ETF by 35.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock worth $95,000 after purchasing an additional 458 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new stake in Invesco Large Cap Value ETF during the 2nd quarter worth approximately $203,000. Finally, LexAurum Advisors LLC bought a new position in Invesco Large Cap Value ETF in the first quarter valued at approximately $217,000.

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.

Further Reading

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