Invesco Large Cap Growth ETF (NYSEARCA:PWB) Reaches New 1-Year High – Still a Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWB) reached a new 52-week high on Tuesday . The stock traded as high as $114.17 and last traded at $113.91, with a volume of 2303 shares trading hands. The stock had previously closed at $112.90.

Invesco Large Cap Growth ETF Price Performance

The company has a 50 day moving average of $106.76 and a two-hundred day moving average of $103.71. The company has a market capitalization of $1.17 billion, a PE ratio of 35.60 and a beta of 1.12.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Several hedge funds have recently bought and sold shares of PWB. PFS Partners LLC purchased a new stake in shares of Invesco Large Cap Growth ETF during the first quarter valued at approximately $62,000. JPMorgan Chase & Co. boosted its stake in Invesco Large Cap Growth ETF by 133.1% during the 4th quarter. JPMorgan Chase & Co. now owns 1,380 shares of the company’s stock valued at $140,000 after purchasing an additional 788 shares during the last quarter. Chancellor Financial Group WB LP bought a new stake in shares of Invesco Large Cap Growth ETF in the 4th quarter worth $214,000. Maia Wealth LLC raised its stake in shares of Invesco Large Cap Growth ETF by 94.2% in the first quarter. Maia Wealth LLC now owns 2,690 shares of the company’s stock worth $254,000 after purchasing an additional 1,305 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Invesco Large Cap Growth ETF by 13.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,597 shares of the company’s stock valued at $264,000 after purchasing an additional 305 shares in the last quarter.

Invesco Large Cap Growth ETF Company Profile