Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-strong trading volume on Thursday . Approximately 104,273 shares traded hands during mid-day trading, an increase of 166% from the previous session’s volume of 39,215 shares.The stock last traded at $53.01 and had previously closed at $55.46.

Invesco Large Cap Value ETF Trading Down 3.1 %

The stock has a market capitalization of $937.76 million, a PE ratio of 18.08 and a beta of 0.86. The business’s 50 day moving average is $58.91 and its 200 day moving average is $58.91.

Invesco Large Cap Value ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.409 dividend. This is a positive change from Invesco Large Cap Value ETF’s previous dividend of $0.32. The ex-dividend date was Monday, March 24th.

Institutional Trading of Invesco Large Cap Value ETF

Large investors have recently modified their holdings of the company. Bank of America Corp DE increased its position in Invesco Large Cap Value ETF by 1.4% during the 4th quarter. Bank of America Corp DE now owns 628,382 shares of the company’s stock valued at $35,739,000 after purchasing an additional 8,546 shares during the period. PNC Financial Services Group Inc. increased its holdings in Invesco Large Cap Value ETF by 1.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 543,778 shares of the company’s stock valued at $30,928,000 after buying an additional 8,163 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Invesco Large Cap Value ETF by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 434,432 shares of the company’s stock worth $24,709,000 after buying an additional 12,971 shares during the period. Atlas Private Wealth Advisors boosted its position in Invesco Large Cap Value ETF by 17.1% during the 4th quarter. Atlas Private Wealth Advisors now owns 277,302 shares of the company’s stock valued at $15,774,000 after acquiring an additional 40,436 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Invesco Large Cap Value ETF during the 4th quarter valued at $14,691,000.

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.