Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – What’s Next?

Invesco Large Cap Value ETF (NYSEARCA:PWV) shares saw unusually-high trading volume on Tuesday . Approximately 66,393 shares changed hands during trading, an increase of 9% from the previous session’s volume of 61,134 shares.The stock last traded at $79.36 and had previously closed at $79.90.

Invesco Large Cap Value ETF Stock Up 0.3%

The stock has a market capitalization of $1.72 billion, a P/E ratio of 16.47 and a beta of 0.71. The firm has a 50-day moving average of $77.02 and a 200 day moving average of $72.74.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of PWV. Northwestern Mutual Wealth Management Co. grew its position in Invesco Large Cap Value ETF by 55,132.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,719,847 shares of the company’s stock valued at $912,644,000 after acquiring an additional 13,695,007 shares during the period. LPL Financial LLC lifted its holdings in shares of Invesco Large Cap Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,845,579 shares of the company’s stock valued at $122,768,000 after acquiring an additional 316,197 shares during the period. Bank of America Corp DE boosted its stake in shares of Invesco Large Cap Value ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 821,082 shares of the company’s stock valued at $57,238,000 after purchasing an additional 12,575 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Invesco Large Cap Value ETF by 1.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 515,353 shares of the company’s stock valued at $34,281,000 after purchasing an additional 7,019 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of Invesco Large Cap Value ETF by 141.0% in the 1st quarter. Arkadios Wealth Advisors now owns 387,000 shares of the company’s stock worth $26,978,000 after purchasing an additional 226,423 shares during the last quarter.

About Invesco Large Cap Value ETF

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.