Royal Bank of Canada Trims Stake in Invesco Large Cap Growth ETF $PWB

Royal Bank of Canada lowered its position in Invesco Large Cap Growth ETF (NYSEARCA:PWB) by 9.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 115,371 shares of the company’s stock after selling 11,622 shares during the quarter. Royal Bank of Canada owned approximately 0.88% of Invesco Large Cap Growth ETF worth $14,528,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PWB. Elevation Capital Advisory LLC grew its position in Invesco Large Cap Growth ETF by 400.6% during the 4th quarter. Elevation Capital Advisory LLC now owns 19,707 shares of the company’s stock worth $2,505,000 after purchasing an additional 15,770 shares during the last quarter. OneAscent Financial Services LLC raised its holdings in shares of Invesco Large Cap Growth ETF by 14.8% in the fourth quarter. OneAscent Financial Services LLC now owns 36,889 shares of the company’s stock valued at $4,689,000 after buying an additional 4,742 shares during the last quarter. Blue Capital Inc. raised its holdings in shares of Invesco Large Cap Growth ETF by 74.2% in the fourth quarter. Blue Capital Inc. now owns 20,704 shares of the company’s stock valued at $2,632,000 after buying an additional 8,820 shares during the last quarter. RFG Advisory LLC acquired a new stake in shares of Invesco Large Cap Growth ETF during the first quarter worth about $1,235,000. Finally, Private Advisor Group LLC grew its holdings in shares of Invesco Large Cap Growth ETF by 12.8% during the first quarter. Private Advisor Group LLC now owns 101,943 shares of the company’s stock worth $12,838,000 after buying an additional 11,606 shares during the last quarter.

Invesco Large Cap Growth ETF Stock Up 0.4%

Shares of PWB stock opened at $159.70 on Friday. The stock has a market capitalization of $2.39 billion, a PE ratio of 40.15 and a beta of 1.23. Invesco Large Cap Growth ETF has a 52-week low of $117.20 and a 52-week high of $169.01. The stock’s 50-day moving average price is $159.32 and its 200 day moving average price is $145.88.

Invesco Large Cap Growth ETF 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.