Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Down 29.1% in March

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 34,264 shares, a decline of 29.1% from the March 15th total of 48,329 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 65,365 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC increased its holdings in Invesco Large Cap Value ETF by 5.9% in the third quarter. Commonwealth Equity Services LLC now owns 508,334 shares of the company’s stock worth $33,148,000 after purchasing an additional 28,394 shares in the last quarter. Capstone Wealth Management Group LLC bought a new stake in shares of Invesco Large Cap Value ETF during the third quarter valued at approximately $4,163,000. Osaic Holdings Inc. increased its holdings in shares of Invesco Large Cap Value ETF by 8.1% during the second quarter. Osaic Holdings Inc. now owns 126,878 shares of the company’s stock valued at $7,886,000 after acquiring an additional 9,515 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Invesco Large Cap Value ETF by 4.0% during the third quarter. Envestnet Asset Management Inc. now owns 201,960 shares of the company’s stock valued at $13,170,000 after acquiring an additional 7,809 shares in the last quarter. Finally, Stratos Investment Management LLC increased its holdings in shares of Invesco Large Cap Value ETF by 27.5% during the third quarter. Stratos Investment Management LLC now owns 155,562 shares of the company’s stock valued at $10,144,000 after acquiring an additional 33,536 shares in the last quarter.

Invesco Large Cap Value ETF Stock Performance

Shares of PWV stock opened at $71.33 on Tuesday. The company has a market cap of $1.41 billion, a P/E ratio of 16.47 and a beta of 0.74. The stock has a 50 day simple moving average of $69.91 and a two-hundred day simple moving average of $67.46. Invesco Large Cap Value ETF has a fifty-two week low of $53.61 and a fifty-two week high of $71.78.

Invesco Large Cap Value ETF Company Profile

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund generally will invest at least 80% of its total assets in common stocks of large-capitalization companies.