Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Significant Decline in Short Interest

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 25,958 shares, a decrease of 87.9% from the September 15th total of 214,479 shares. Based on an average daily trading volume, of 282,135 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Invesco Large Cap Value ETF Stock Performance

Shares of Invesco Large Cap Value ETF stock traded up $0.65 during trading hours on Monday, reaching $78.18. The company’s stock had a trading volume of 95,598 shares, compared to its average volume of 96,190. The company has a market capitalization of $1.85 billion, a P/E ratio of 16.47 and a beta of 0.72. The stock’s fifty day simple moving average is $80.25 and its two-hundred day simple moving average is $76.54. Invesco Large Cap Value ETF has a one year low of $63.59 and a one year high of $83.41.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in Invesco Large Cap Value ETF by 1.6% during the first quarter. Bank of America Corp DE now owns 821,082 shares of the company’s stock worth $57,238,000 after buying an additional 12,575 shares in the last quarter. Arkadios Wealth Advisors raised its position in 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 valued at $26,978,000 after buying an additional 226,423 shares during the last quarter. Waverly Advisors LLC lifted its stake in Invesco Large Cap Value ETF by 1,259.2% during the 2nd quarter. Waverly Advisors LLC now owns 224,439 shares of the company’s stock valued at $17,006,000 after acquiring an additional 207,927 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in Invesco Large Cap Value ETF by 11.6% during the 1st quarter. Kestra Advisory Services LLC now owns 167,056 shares of the company’s stock valued at $11,645,000 after acquiring an additional 17,300 shares in the last quarter. Finally, Avaii Wealth Management LLC bought a new position in Invesco Large Cap Value ETF during the 3rd quarter valued at $6,862,000.

Invesco Large Cap Value ETF Company Profile

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.