Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Large Volume Increase – Here’s What Happened

Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw unusually-high trading volume on Wednesday . Approximately 231,147 shares traded hands during trading, an increase of 231% from the previous session’s volume of 69,756 shares.The stock last traded at $159.10 and had previously closed at $158.87.

Invesco Large Cap Growth ETF Stock Up 0.1%

The firm has a 50-day simple moving average of $141.13 and a 200 day simple moving average of $134.17. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 40.15 and a beta of 1.22.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

A number of institutional investors have recently modified their holdings of PWB. Equitable Holdings Inc. raised its position in Invesco Large Cap Growth ETF by 0.3% in the 4th quarter. Equitable Holdings Inc. now owns 29,098 shares of the company’s stock valued at $3,699,000 after purchasing an additional 77 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in Invesco Large Cap Growth ETF by 1.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 5,437 shares of the company’s stock worth $685,000 after purchasing an additional 101 shares during the period. Keybank National Association OH grew its position in Invesco Large Cap Growth ETF by 1.0% during the 4th quarter. Keybank National Association OH now owns 10,034 shares of the company’s stock worth $1,275,000 after purchasing an additional 104 shares during the last quarter. Forge Financial Services LLC grew its position in Invesco Large Cap Growth ETF by 0.3% during the 4th quarter. Forge Financial Services LLC now owns 39,519 shares of the company’s stock worth $5,024,000 after purchasing an additional 126 shares during the last quarter. Finally, Harmony Asset Management LLC increased its stake in Invesco Large Cap Growth ETF by 2.1% in the first quarter. Harmony Asset Management LLC now owns 6,471 shares of the company’s stock valued at $815,000 after purchasing an additional 132 shares during the period.

Invesco Large Cap Growth ETF Company Profile

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.