Schrum Private Wealth Management LLC Trims Stake in Invesco Large Cap Growth ETF (NYSEARCA:PWB)

Posted by John Adams on Mar 6th, 2025

Schrum Private Wealth Management LLC cut its stake in shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB – Free Report) by 50.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,050 shares of the company’s stock after selling 3,050 shares during the quarter. Schrum Private Wealth Management LLC’s holdings in Invesco Large Cap Growth ETF were worth $310,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of PWB. Raymond James Financial Inc. purchased a new position in shares of Invesco Large Cap Growth ETF in the fourth quarter valued at about $43,876,000. Jones Financial Companies Lllp lifted its holdings in Invesco Large Cap Growth ETF by 1,474.1% in the 4th quarter. Jones Financial Companies Lllp now owns 9,948 shares of the company’s stock worth $1,012,000 after purchasing an additional 9,316 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in Invesco Large Cap Growth ETF by 11.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 71,611 shares of the company’s stock worth $7,286,000 after purchasing an additional 7,624 shares during the period. Benjamin Edwards Inc. purchased a new stake in Invesco Large Cap Growth ETF during the 3rd quarter valued at approximately $646,000. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Invesco Large Cap Growth ETF during the third quarter valued at approximately $619,000.

Invesco Large Cap Growth ETF Stock Up 1.2 %

Shares of PWB stock opened at $102.44 on Thursday. The company’s fifty day simple moving average is $105.74 and its two-hundred day simple moving average is $102.32. Invesco Large Cap Growth ETF has a 52 week low of $83.58 and a 52 week high of $111.12. The stock has a market cap of $983.42 million, a P/E ratio of 38.35 and a beta of 1.04.