Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Update

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 28,218 shares, a growth of 36.9% from the February 12th total of 20,618 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 43,105 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 43,105 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the company’s stock are sold short.

Invesco Large Cap Value ETF Stock Performance

PWV stock remained flat at $68.70 during midday trading on Friday. The company had a trading volume of 74,591 shares, compared to its average volume of 56,169. The stock has a market capitalization of $1.33 billion, a P/E ratio of 16.47 and a beta of 0.81. Invesco Large Cap Value ETF has a fifty-two week low of $50.82 and a fifty-two week high of $71.39. The business has a 50 day simple moving average of $69.07 and a 200-day simple moving average of $66.68.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PWV. Fortitude Family Office LLC purchased a new stake in shares of Invesco Large Cap Value ETF during the 4th quarter valued at about $31,000. Advisory Services Network LLC bought a new stake in Invesco Large Cap Value ETF during the third quarter valued at approximately $34,000. Allspring Global Investments Holdings LLC bought a new stake in Invesco Large Cap Value ETF during the third quarter valued at approximately $36,000. IFP Advisors Inc increased its holdings in 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. Finally, Motiv8 Investments LLC purchased a new stake in Invesco Large Cap Value ETF during the fourth quarter valued at approximately $61,000.

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.