Invesco Large Cap Value ETF (NYSEARCA:PWV – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 25,958 shares, a decrease of 87.9% from the September 15th total of 214,479 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 282,135 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On Invesco Large Cap Value ETF
A number of institutional investors have recently bought and sold shares of PWV. Bank of America Corp DE lifted its position in shares of Invesco Large Cap Value ETF by 1.6% in the 1st quarter. Bank of America Corp DE now owns 821,082 shares of the company’s stock valued at $57,238,000 after acquiring an additional 12,575 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Invesco Large Cap Value ETF by 141.0% in the 1st quarter. Arkadios Wealth Advisors now owns 387,000 shares of the company’s stock worth $26,978,000 after acquiring an additional 226,423 shares in the last quarter. Waverly Advisors LLC lifted its stake in Invesco Large Cap Value ETF by 1,259.2% in the 2nd quarter. Waverly Advisors LLC now owns 224,439 shares of the company’s stock worth $17,006,000 after acquiring an additional 207,927 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Invesco Large Cap Value ETF by 11.6% during the 1st quarter. Kestra Advisory Services LLC now owns 167,056 shares of the company’s stock worth $11,645,000 after acquiring an additional 17,300 shares during the period. Finally, Private Advisor Group LLC grew its position in Invesco Large Cap Value ETF by 26.3% during the first quarter. Private Advisor Group LLC now owns 94,973 shares of the company’s stock valued at $6,621,000 after purchasing an additional 19,790 shares in the last quarter.
Invesco Large Cap Value ETF Trading Down 0.7%
NYSEARCA:PWV traded down $0.56 during mid-day trading on Friday, reaching $77.53. 284,628 shares of the stock were exchanged, compared to its average volume of 96,193. The business has a fifty day moving average price of $80.25 and a 200 day moving average price of $76.49. The firm has a market capitalization of $1.84 billion, a PE ratio of 16.47 and a beta of 0.72. Invesco Large Cap Value ETF has a 1-year low of $63.54 and a 1-year high of $83.41.
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.
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