Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco Large Cap Growth ETF (NYSEARCA:PWB) shares saw an uptick in trading volume on Monday . 98,971 shares were traded during trading, an increase of 32% from the previous session’s volume of 74,873 shares.The stock last traded at $162.68 and had previously closed at $158.59.

Invesco Large Cap Growth ETF Trading Up 2.1%

The stock has a market cap of $2.31 billion, a PE ratio of 40.15 and a beta of 1.22. The company’s 50 day moving average is $157.04 and its 200-day moving average is $141.16.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC increased its holdings in Invesco Large Cap Growth ETF by 10.6% during the 4th quarter. LPL Financial LLC now owns 1,371,487 shares of the company’s stock worth $174,330,000 after purchasing an additional 130,950 shares during the last quarter. Bank of America Corp DE grew its position in shares of Invesco Large Cap Growth ETF by 1.4% during the first quarter. Bank of America Corp DE now owns 442,993 shares of the company’s stock worth $55,786,000 after buying an additional 5,962 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of 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 buying an additional 25,755 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco Large Cap Growth ETF by 6,494.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 341,154 shares of the company’s stock worth $43,364,000 after buying an additional 335,981 shares during the last quarter. Finally, ACT Wealth Management LLC increased its stake in shares of Invesco Large Cap Growth ETF by 6.9% in the fourth quarter. ACT Wealth Management LLC now owns 208,072 shares of the company’s stock worth $26,448,000 after buying an additional 13,442 shares during the last quarter.

Invesco Large Cap Growth ETF Company Profile

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.