Invesco Large Cap Growth ETF (NYSEARCA:PWB) Reaches New 1-Year High – Here’s What Happened

Invesco Large Cap Growth ETF (NYSEARCA:PWBGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $165.24 and last traded at $164.80, with a volume of 6084 shares changing hands. The stock had previously closed at $160.13.

Invesco Large Cap Growth ETF Stock Performance

The firm has a market cap of $2.16 billion, a P/E ratio of 40.15 and a beta of 1.23. The firm’s fifty day moving average price is $149.23 and its 200 day moving average price is $137.30.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Several institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its holdings in Invesco Large Cap Growth ETF by 25.9% in the first quarter. Goldman Sachs Group Inc. now owns 126,772 shares of the company’s stock worth $12,175,000 after purchasing an additional 26,094 shares during the last quarter. Jane Street Group LLC purchased a new position in Invesco Large Cap Growth ETF in the first quarter worth $319,000. JPMorgan Chase & Co. grew its holdings in Invesco Large Cap Growth ETF by 72.6% in the second quarter. JPMorgan Chase & Co. now owns 2,321 shares of the company’s stock worth $273,000 after purchasing an additional 976 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in Invesco Large Cap Growth ETF in the second quarter worth $470,000. Finally, Raymond James Financial Inc. grew its holdings in Invesco Large Cap Growth ETF by 6.8% in the second quarter. Raymond James Financial Inc. now owns 405,631 shares of the company’s stock worth $47,637,000 after purchasing an additional 25,755 shares during the last quarter.

About Invesco Large Cap Growth ETF

(Get Free Report)

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.

Further Reading

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