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

Invesco Large Cap Value ETF (NYSEARCA:PWV) shares saw strong trading volume on Wednesday . 94,658 shares traded hands during mid-day trading, an increase of 120% from the previous session’s volume of 43,000 shares.The stock last traded at $57.01 and had previously closed at $57.17.

Invesco Large Cap Value ETF Price Performance

The firm has a market capitalization of $914.33 million, a PE ratio of 17.51 and a beta of 0.69. The company has a 50-day moving average price of $59.00 and a 200-day moving average price of $57.91.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Horizon Family Wealth Inc. increased its position in Invesco Large Cap Value ETF by 0.6% during the second quarter. Horizon Family Wealth Inc. now owns 50,425 shares of the company’s stock worth $2,775,000 after purchasing an additional 294 shares during the last quarter. FMR LLC grew its stake in shares of Invesco Large Cap Value ETF by 4.0% during the 3rd quarter. FMR LLC now owns 9,293 shares of the company’s stock valued at $542,000 after buying an additional 360 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of Invesco Large Cap Value ETF by 0.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 147,381 shares of the company’s stock worth $8,595,000 after buying an additional 683 shares during the last quarter. Glenmede Trust Co. NA raised its position 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 worth $108,000 after buying an additional 1,300 shares during the period. Finally, Eastern Bank acquired a new position in Invesco Large Cap Value ETF in the third quarter valued at $100,000.

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.