JNBA Financial Advisors Lowers Stock Position in Invesco Large Cap Value ETF $PWV

JNBA Financial Advisors cut its stake in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 2.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 20,777 shares of the company’s stock after selling 488 shares during the period. JNBA Financial Advisors owned about 0.11% of Invesco Large Cap Value ETF worth $1,291,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Philip James Wealth Mangement LLC boosted its stake in shares of Invesco Large Cap Value ETF by 0.7% in the second quarter. Philip James Wealth Mangement LLC now owns 23,827 shares of the company’s stock valued at $1,481,000 after purchasing an additional 165 shares during the period. Cetera Investment Advisers lifted its position in shares of Invesco Large Cap Value ETF by 0.5% during the 1st quarter. Cetera Investment Advisers now owns 36,944 shares of the company’s stock worth $2,198,000 after buying an additional 175 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of Invesco Large Cap Value ETF by 1.2% in the 1st quarter. Private Advisor Group LLC now owns 18,218 shares of the company’s stock valued at $1,084,000 after acquiring an additional 210 shares during the period. Maia Wealth LLC increased its holdings in shares of Invesco Large Cap Value ETF by 0.9% in the 1st quarter. Maia Wealth LLC now owns 23,644 shares of the company’s stock valued at $1,302,000 after acquiring an additional 222 shares during the period. Finally, Ameritas Advisory Services LLC increased its stake in Invesco Large Cap Value ETF by 0.9% in the 1st quarter. Ameritas Advisory Services LLC now owns 25,091 shares of the company’s stock valued at $1,444,000 after buying an additional 233 shares during the period.

Invesco Large Cap Value ETF Stock Down 1.5%

NYSEARCA:PWV opened at $63.56 on Friday. Invesco Large Cap Value ETF has a fifty-two week low of $50.82 and a fifty-two week high of $65.60. The stock has a market cap of $1.17 billion, a PE ratio of 16.47 and a beta of 0.88. The firm’s fifty day simple moving average is $64.10 and its 200-day simple moving average is $61.01.

Invesco Large Cap Value ETF 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.