Invesco Large Cap Value ETF (NYSEARCA:PWV) Reaches New 52-Week High – Here’s What Happened

Invesco Large Cap Value ETF (NYSEARCA:PWV)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $70.47 and last traded at $70.33, with a volume of 74966 shares traded. The stock had previously closed at $70.31.

Invesco Large Cap Value ETF Trading Up 0.0%

The firm has a market cap of $1.36 billion, a P/E ratio of 16.47 and a beta of 0.81. The company’s 50-day moving average is $67.39 and its two-hundred day moving average is $65.47.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC purchased a new position in Invesco Large Cap Value ETF during the 1st quarter worth $723,000. Janney Montgomery Scott LLC lifted its position in shares of Invesco Large Cap Value ETF by 8.6% during the second quarter. Janney Montgomery Scott LLC now owns 10,291 shares of the company’s stock valued at $639,000 after purchasing an additional 812 shares in the last quarter. Harbor Asset Planning Inc. purchased a new position in Invesco Large Cap Value ETF during the second quarter worth about $160,000. Stratos Investment Management LLC purchased a new position in Invesco Large Cap Value ETF during the second quarter worth about $7,583,000. Finally, Private Trust Co. NA grew its position in Invesco Large Cap Value ETF by 262.2% in the 2nd quarter. Private Trust Co. NA now owns 3,263 shares of the company’s stock worth $203,000 after purchasing an additional 2,362 shares in the last quarter.

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.