Financial Perspectives Inc Has $305,000 Stock Holdings in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Financial Perspectives Inc trimmed its stake in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 14.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,380 shares of the company’s stock after selling 879 shares during the quarter. Financial Perspectives Inc’s holdings in Invesco Large Cap Value ETF were worth $305,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PWV. Envestnet Asset Management Inc. increased its holdings in shares of Invesco Large Cap Value ETF by 62.6% in the third quarter. Envestnet Asset Management Inc. now owns 139,289 shares of the company’s stock valued at $6,519,000 after purchasing an additional 53,631 shares during the last quarter. Cooksen Wealth LLC bought a new position in Invesco Large Cap Value ETF in the 4th quarter valued at about $2,654,000. Willner & Heller LLC acquired a new stake in Invesco Large Cap Value ETF during the fourth quarter worth approximately $1,256,000. Raymond James & Associates boosted its holdings in shares of Invesco Large Cap Value ETF by 42.8% during the fourth quarter. Raymond James & Associates now owns 52,846 shares of the company’s stock worth $2,681,000 after acquiring an additional 15,841 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Invesco Large Cap Value ETF by 8.7% during the fourth 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 period.

Invesco Large Cap Value ETF Stock Performance

NYSEARCA:PWV traded down $0.02 during mid-day trading on Thursday, hitting $55.16. 27,658 shares of the stock were exchanged, compared to its average volume of 42,751. The firm’s 50-day simple moving average is $55.14 and its 200 day simple moving average is $53.77. Invesco Large Cap Value ETF has a fifty-two week low of $43.93 and a fifty-two week high of $57.22. The stock has a market capitalization of $891.39 million, a price-to-earnings ratio of 17.51 and a beta of 0.69.

Invesco Large Cap Value ETF 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.