Covenant Asset Management LLC Makes New $863,000 Investment in Invesco Large Cap Growth ETF $PWB

Covenant Asset Management LLC purchased a new stake in Invesco Large Cap Growth ETF (NYSEARCA:PWB) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,324 shares of the company’s stock, valued at approximately $863,000.

A number of other institutional investors have also recently bought and sold shares of PWB. MidFirst Bank acquired a new stake in Invesco Large Cap Growth ETF during the 4th quarter worth about $31,000. Sunbelt Securities Inc. purchased a new stake in Invesco Large Cap Growth ETF during the first quarter valued at about $53,000. CX Institutional acquired a new position in shares of Invesco Large Cap Growth ETF in the third quarter worth about $57,000. GoalVest Advisory LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the third quarter worth about $67,000. Finally, Assetmark Inc. boosted its holdings in shares of Invesco Large Cap Growth ETF by 111.6% in the first quarter. Assetmark Inc. now owns 1,037 shares of the company’s stock worth $131,000 after buying an additional 547 shares during the period.

Invesco Large Cap Growth ETF Price Performance

Invesco Large Cap Growth ETF stock opened at $157.31 on Thursday. The firm’s 50 day simple moving average is $159.03 and its 200-day simple moving average is $154.72. The company has a market cap of $2.65 billion, a P/E ratio of 40.15 and a beta of 1.22. Invesco Large Cap Growth ETF has a fifty-two week low of $118.50 and a fifty-two week high of $169.01.

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.