Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-strong trading volume on Monday . Approximately 56,410 shares traded hands during mid-day trading, a decline of 18% from the previous session’s volume of 68,676 shares.The stock last traded at $80.32 and had previously closed at $80.00.

Invesco Large Cap Value ETF Price Performance

The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 16.47 and a beta of 0.71. The firm’s fifty day moving average is $77.50 and its 200-day moving average is $73.10.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Several large investors have recently added to or reduced their stakes in PWV. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco Large Cap Value ETF by 55,132.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,719,847 shares of the company’s stock valued at $912,644,000 after purchasing an additional 13,695,007 shares during the period. LPL Financial LLC raised its stake in Invesco Large Cap Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 1,845,579 shares of the company’s stock worth $122,768,000 after buying an additional 316,197 shares during the period. Arkadios Wealth Advisors boosted its holdings in Invesco Large Cap Value ETF by 141.0% in the first 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. SPWM Advisors LLC acquired a new stake in Invesco Large Cap Value ETF in the fourth quarter valued at approximately $10,619,000. Finally, Bank of America Corp DE increased its holdings in shares of Invesco Large Cap Value ETF by 20.9% during the second quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock valued at $48,102,000 after acquiring an additional 134,052 shares in the last quarter.

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.