Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Strong Trading Volume – Here’s What Happened

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-strong trading volume on Wednesday . Approximately 86,107 shares traded hands during mid-day trading, an increase of 126% from the previous session’s volume of 38,177 shares.The stock last traded at $55.29 and had previously closed at $55.18.

Invesco Large Cap Value ETF Trading Up 1.2 %

The firm has a 50-day moving average of $58.30 and a two-hundred day moving average of $58.76. The firm has a market cap of $967.08 million, a price-to-earnings ratio of 15.99 and a beta of 0.80.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Several large investors have recently bought and sold shares of the stock. Cetera Investment Advisers raised its stake in shares of Invesco Large Cap Value ETF by 0.6% in the fourth quarter. Cetera Investment Advisers now owns 36,769 shares of the company’s stock valued at $2,091,000 after purchasing an additional 220 shares in the last quarter. Wedmont Private Capital increased its stake in Invesco Large Cap Value ETF by 3.7% in the fourth quarter. Wedmont Private Capital now owns 6,223 shares of the company’s stock valued at $352,000 after acquiring an additional 223 shares during the period. Spire Wealth Management raised its position in Invesco Large Cap Value ETF by 0.9% in the fourth quarter. Spire Wealth Management now owns 33,106 shares of the company’s stock worth $1,883,000 after purchasing an additional 292 shares in the last quarter. Comerica Bank lifted its stake in Invesco Large Cap Value ETF by 2.0% during the fourth quarter. Comerica Bank now owns 16,537 shares of the company’s stock worth $941,000 after purchasing an additional 325 shares during the period. Finally, FMR LLC boosted its holdings in Invesco Large Cap Value ETF by 4.0% during the third quarter. FMR LLC now owns 9,293 shares of the company’s stock valued at $542,000 after purchasing an additional 360 shares in the last quarter.

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.