Institute for Wealth Management LLC. Cuts Stock Holdings in Invesco Large Cap Value ETF $PWV

Institute for Wealth Management LLC. lessened its stake in Invesco Large Cap Value ETF (NYSEARCA:PWVFree Report) by 2.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 14,314 shares of the company’s stock after selling 299 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Invesco Large Cap Value ETF were worth $889,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PWV. NBC Securities Inc. purchased a new stake in Invesco Large Cap Value ETF in the 1st quarter worth $38,000. SouthState Corp purchased a new stake in Invesco Large Cap Value ETF in the 1st quarter worth $41,000. ORG Wealth Partners LLC purchased a new stake in Invesco Large Cap Value ETF in the 1st quarter worth $46,000. Private Trust Co. NA increased its holdings in Invesco Large Cap Value ETF by 69.4% in the 1st quarter. Private Trust Co. NA now owns 901 shares of the company’s stock worth $54,000 after acquiring an additional 369 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in Invesco Large Cap Value ETF by 8,414.3% during the 1st quarter. AE Wealth Management LLC now owns 1,192 shares of the company’s stock worth $71,000 after purchasing an additional 1,178 shares during the last quarter.

Invesco Large Cap Value ETF Stock Down 0.2%

Shares of PWV opened at $65.06 on Thursday. Invesco Large Cap Value ETF has a 52-week low of $50.82 and a 52-week high of $65.60. The firm’s fifty day moving average is $63.75 and its two-hundred day moving average is $60.76. The stock has a market cap of $1.19 billion, a PE ratio of 16.47 and a beta of 0.88.

About Invesco Large Cap Value ETF

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding PWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Large Cap Value ETF (NYSEARCA:PWVFree Report).

Institutional Ownership by Quarter for Invesco Large Cap Value ETF (NYSEARCA:PWV)

Receive News & Ratings for Invesco Large Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Large Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.