Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Large Volume Increase – Time to Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw an uptick in trading volume on Thursday . 72,347 shares traded hands during mid-day trading, an increase of 192% from the previous session’s volume of 24,802 shares.The stock last traded at $98.35 and had previously closed at $98.47.

Invesco Large Cap Growth ETF Stock Performance

The company has a market capitalization of $948.27 million, a PE ratio of 32.03 and a beta of 1.06. The company has a 50 day simple moving average of $104.35 and a 200 day simple moving average of $102.42.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Hedge funds have recently added to or reduced their stakes in the company. Chancellor Financial Group WB LP purchased a new position in Invesco Large Cap Growth ETF in the fourth quarter valued at about $214,000. Wealth Enhancement Advisory Services LLC grew its stake in Invesco Large Cap Growth ETF by 13.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,597 shares of the company’s stock worth $264,000 after acquiring an additional 305 shares during the period. Cetera Investment Advisers grew its stake in Invesco Large Cap Growth ETF by 17.0% in the 4th quarter. Cetera Investment Advisers now owns 21,134 shares of the company’s stock worth $2,150,000 after acquiring an additional 3,064 shares during the period. Blue Capital Inc. acquired a new position in shares of Invesco Large Cap Growth ETF in the 4th quarter valued at $735,000. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco Large Cap Growth ETF by 16.8% in the 4th quarter. Bank of America Corp DE now owns 437,783 shares of the company’s stock valued at $44,539,000 after purchasing an additional 62,987 shares during the last quarter.

About Invesco Large Cap Growth ETF