Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Down 20.1% in February

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the target of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 20,618 shares, a drop of 20.1% from the January 29th total of 25,816 shares. Based on an average trading volume of 60,431 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 60,431 shares, the days-to-cover ratio is presently 0.3 days.

Invesco Large Cap Value ETF Stock Performance

Shares of PWV stock traded down $0.61 during trading on Tuesday, hitting $70.67. The company had a trading volume of 47,498 shares, compared to its average volume of 55,841. The firm has a market capitalization of $1.37 billion, a P/E ratio of 16.47 and a beta of 0.81. Invesco Large Cap Value ETF has a one year low of $50.82 and a one year high of $71.39. The stock’s 50-day moving average price is $68.56 and its 200 day moving average price is $66.34.

Institutional Trading of Invesco Large Cap Value ETF

Several large investors have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV raised its stake in Invesco Large Cap Value ETF by 4.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 19,602 shares of the company’s stock valued at $1,304,000 after purchasing an additional 845 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Invesco Large Cap Value ETF in the 4th quarter valued at about $337,000. Strategic Investment Advisors MI increased its holdings in Invesco Large Cap Value ETF by 1,783.3% in the 4th quarter. Strategic Investment Advisors MI now owns 7,345 shares of the company’s stock valued at $489,000 after buying an additional 6,955 shares during the period. SPWM Advisors LLC acquired a new position in shares of Invesco Large Cap Value ETF in the 4th quarter valued at approximately $10,619,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Invesco Large Cap Value ETF by 7.8% during the 4th quarter. Cetera Investment Advisers now owns 86,930 shares of the company’s stock worth $5,783,000 after acquiring an additional 6,307 shares during the period.

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.