Invesco Large Cap Value ETF (NYSEARCA:PWV) Sets New 1-Year High – Still a Buy?

Invesco Large Cap Value ETF (NYSEARCA:PWV)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $65.74 and last traded at $65.8440, with a volume of 3615 shares changing hands. The stock had previously closed at $65.41.

Invesco Large Cap Value ETF Trading Up 0.9%

The stock has a market cap of $1.23 billion, a PE ratio of 16.47 and a beta of 0.81. The business has a 50 day moving average of $64.73 and a 200-day moving average of $62.43.

Institutional Trading of Invesco Large Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in PWV. Private Advisor Group LLC increased its position in shares of Invesco Large Cap Value ETF by 1.2% in the first quarter. Private Advisor Group LLC now owns 18,218 shares of the company’s stock valued at $1,084,000 after buying an additional 210 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Invesco Large Cap Value ETF by 0.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 186,248 shares of the company’s stock valued at $11,084,000 after buying an additional 1,290 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Invesco Large Cap Value ETF by 8.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 10,291 shares of the company’s stock worth $639,000 after buying an additional 812 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Invesco Large Cap Value ETF by 0.5% in the first quarter. Cetera Investment Advisers now owns 36,944 shares of the company’s stock valued at $2,198,000 after acquiring an additional 175 shares during the last quarter. Finally, Philip James Wealth Mangement LLC grew its position in Invesco Large Cap Value ETF by 0.7% during the second quarter. Philip James Wealth Mangement LLC now owns 23,827 shares of the company’s stock valued at $1,481,000 after acquiring an additional 165 shares during the period.

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.