Invesco Large Cap Value ETF (NYSEARCA:PWV) Reaches New 12-Month High – Should You Buy?

Invesco Large Cap Value ETF (NYSEARCA:PWVGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $76.06 and last traded at $75.53, with a volume of 55145 shares traded. The stock had previously closed at $75.58.

Invesco Large Cap Value ETF Stock Down 0.1%

The firm has a market cap of $1.52 billion, a P/E ratio of 16.47 and a beta of 0.71. The business has a fifty day moving average of $72.71 and a 200 day moving average of $69.79.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fortitude Family Office LLC bought a new position in Invesco Large Cap Value ETF during the fourth quarter worth about $31,000. Advisory Services Network LLC bought a new position in Invesco Large Cap Value ETF during the third quarter worth about $34,000. IFP Advisors Inc grew its holdings in Invesco Large Cap Value ETF by 356.5% during the fourth quarter. IFP Advisors Inc now owns 913 shares of the company’s stock worth $61,000 after purchasing an additional 713 shares during the period. Motiv8 Investments LLC bought a new stake in shares of Invesco Large Cap Value ETF during the fourth quarter worth approximately $61,000. Finally, YANKCOM Partnership bought a new stake in shares of Invesco Large Cap Value ETF during the fourth quarter worth approximately $72,000.

Invesco Large Cap Value ETF Company Profile

(Get 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. 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.

Further Reading

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