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

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw an uptick in trading volume on Thursday . 61,392 shares were traded during mid-day trading, an increase of 54% from the previous session’s volume of 39,916 shares.The stock last traded at $58.79 and had previously closed at $58.82.

Invesco Large Cap Value ETF Trading Up 1.3 %

The stock’s 50 day moving average is $57.45 and its 200-day moving average is $56.23. The company has a market cap of $961.83 million, a P/E ratio of 17.51 and a beta of 0.69.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in PWV. ORG Partners LLC purchased a new stake in shares of Invesco Large Cap Value ETF during the second quarter valued at $44,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 valued at $95,000 after acquiring an additional 458 shares during the last quarter. Garden State Investment Advisory Services LLC purchased a new stake in shares of Invesco Large Cap Value ETF during the 2nd quarter valued at about $203,000. LexAurum Advisors LLC bought a new stake in shares of Invesco Large Cap Value ETF in the first quarter worth approximately $217,000. Finally, Grimes & Company Inc. bought a new position in Invesco Large Cap Value ETF during the first quarter valued at approximately $222,000.

About Invesco Large Cap Value ETF

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.