Grimes & Company Inc. Purchases New Shares in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Grimes & Company Inc. purchased a new stake in Invesco Large Cap Value ETF (NYSEARCA:PWV) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,912 shares of the company’s stock, valued at approximately $222,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its stake in Invesco Large Cap Value ETF by 8.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 177,316 shares of the company’s stock worth $8,997,000 after purchasing an additional 14,266 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco Large Cap Value ETF by 62.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 139,289 shares of the company’s stock worth $6,519,000 after purchasing an additional 53,631 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in Invesco Large Cap Value ETF by 9.8% during the 4th quarter. Arkadios Wealth Advisors now owns 129,944 shares of the company’s stock worth $6,593,000 after purchasing an additional 11,544 shares during the last quarter. Raymond James & Associates boosted its stake in Invesco Large Cap Value ETF by 42.8% during the 4th quarter. Raymond James & Associates now owns 52,846 shares of the company’s stock worth $2,681,000 after purchasing an additional 15,841 shares during the last quarter. Finally, Cooksen Wealth LLC acquired a new stake in Invesco Large Cap Value ETF during the 4th quarter worth $2,654,000.

Invesco Large Cap Value ETF Stock Performance

Shares of NYSEARCA PWV traded up $0.38 during trading on Friday, hitting $55.04. 39,494 shares of the company were exchanged, compared to its average volume of 43,101. The company has a fifty day moving average price of $55.16 and a 200-day moving average price of $53.67. The firm has a market capitalization of $889.45 million, a PE ratio of 17.51 and a beta of 0.69. Invesco Large Cap Value ETF has a 12-month low of $43.93 and a 12-month high of $57.22.

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.