Royal Bank of Canada Trims Stake in Invesco Large Cap Value ETF $PWV

Royal Bank of Canada lowered its position in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 6.3% in the 1st quarter, Holdings Channel reports. The firm owned 131,766 shares of the company’s stock after selling 8,835 shares during the quarter. Royal Bank of Canada’s holdings in Invesco Large Cap Value ETF were worth $9,185,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Advisory Services Network LLC purchased a new stake in shares of Invesco Large Cap Value ETF in the third quarter worth approximately $34,000. IFP Advisors Inc grew its position in Invesco Large Cap Value ETF by 356.5% in the 4th quarter. IFP Advisors Inc now owns 913 shares of the company’s stock valued at $61,000 after acquiring an additional 713 shares during the last quarter. Motiv8 Investments LLC bought a new position in Invesco Large Cap Value ETF in the 4th quarter valued at $61,000. Advisortrust Partners LLC purchased a new stake in Invesco Large Cap Value ETF in the first quarter worth $78,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Invesco Large Cap Value ETF in the fourth quarter worth $86,000.

Invesco Large Cap Value ETF Stock Performance

NYSEARCA:PWV opened at $80.00 on Monday. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 16.47 and a beta of 0.71. Invesco Large Cap Value ETF has a twelve month low of $62.05 and a twelve month high of $81.25. The stock has a fifty day simple moving average of $77.50 and a 200-day simple moving average of $73.10.

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.