Wharton Business Group LLC Cuts Stock Holdings in Invesco Large Cap Value ETF $PWV

Wharton Business Group LLC decreased its stake in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 162,735 shares of the company’s stock after selling 7,635 shares during the period. Wharton Business Group LLC owned about 0.84% of Invesco Large Cap Value ETF worth $10,825,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC purchased a new position in shares of Invesco Large Cap Value ETF during the fourth quarter valued at approximately $31,000. Advisory Services Network LLC purchased a new position in shares of Invesco Large Cap Value ETF during the third quarter valued at approximately $34,000. IFP Advisors Inc boosted its position in shares of Invesco Large Cap Value ETF by 356.5% during the fourth quarter. IFP Advisors Inc now owns 913 shares of the company’s stock valued at $61,000 after buying an additional 713 shares during the last quarter. YANKCOM Partnership purchased a new position in shares of Invesco Large Cap Value ETF during the fourth quarter valued at approximately $72,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Invesco Large Cap Value ETF during the fourth quarter valued at approximately $86,000.

Invesco Large Cap Value ETF Stock Up 0.0%

Shares of NYSEARCA:PWV opened at $75.39 on Friday. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 16.47 and a beta of 0.71. Invesco Large Cap Value ETF has a 12-month low of $60.27 and a 12-month high of $75.87. The business’s 50 day moving average is $72.31 and its 200 day moving average is $69.54.

Invesco Large Cap Value ETF 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.