Invesco Large Cap Value ETF (NYSEARCA:PWV) Stock Short Interest Jumps 281.2%

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 214,479 shares, an increase of 281.2% from the August 31st total of 56,258 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 187,625 shares, the days-to-cover ratio is presently 1.1 days.

Invesco Large Cap Value ETF Price Performance

Shares of Invesco Large Cap Value ETF stock opened at $78.02 on Monday. The company’s 50 day moving average price is $80.78 and its two-hundred day moving average price is $75.96. The firm has a market capitalization of $1.82 billion, a P/E ratio of 16.47 and a beta of 0.71. Invesco Large Cap Value ETF has a fifty-two week low of $63.54 and a fifty-two week high of $83.41.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Hedge funds have recently modified their holdings of the company. Lido Advisors LLC acquired a new position in Invesco Large Cap Value ETF in the 1st quarter worth about $788,000. Bank of America Corp DE increased its stake in shares of Invesco Large Cap Value ETF by 1.6% in the first quarter. Bank of America Corp DE now owns 821,082 shares of the company’s stock valued at $57,238,000 after buying an additional 12,575 shares during the period. IAG Wealth Partners LLC raised its holdings in Invesco Large Cap Value ETF by 2.2% in the 4th quarter. IAG Wealth Partners LLC now owns 323,838 shares of the company’s stock valued at $21,542,000 after buying an additional 6,905 shares during the last quarter. Rose Capital Advisors LLC acquired a new stake in Invesco Large Cap Value ETF during the 2nd quarter worth approximately $4,570,000. Finally, Financial Solutions Advisory Group Inc. bought a new stake in Invesco Large Cap Value ETF during the 1st quarter worth approximately $1,010,000.

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.