Parker Financial LLC Decreases Stock Holdings in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Parker Financial LLC reduced its holdings in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,813 shares of the company’s stock after selling 1,052 shares during the period. Invesco Large Cap Value ETF makes up 0.6% of Parker Financial LLC’s holdings, making the stock its 26th largest position. Parker Financial LLC owned approximately 0.12% of Invesco Large Cap Value ETF worth $1,005,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. NBC Securities Inc. acquired a new stake in Invesco Large Cap Value ETF during the third quarter worth about $30,000. Blair William & Co. IL acquired a new position in Invesco Large Cap Value ETF in the first quarter valued at about $42,000. Qube Research & Technologies Ltd lifted its position in Invesco Large Cap Value ETF by 396.9% in the third quarter. Qube Research & Technologies Ltd now owns 1,784 shares of the company’s stock valued at $83,000 after buying an additional 1,425 shares during the last quarter. Planned Solutions Inc. acquired a new stake in shares of Invesco Large Cap Value ETF during the fourth quarter worth about $93,000. Finally, Money Concepts Capital Corp lifted its position in shares of Invesco Large Cap Value ETF by 606.1% during the fourth quarter. Money Concepts Capital Corp now owns 3,121 shares of the company’s stock worth $147,000 after purchasing an additional 2,679 shares in the last quarter.

Invesco Large Cap Value ETF Price Performance

Shares of PWV stock traded up $0.67 during trading hours on Wednesday, reaching $56.37. 166,367 shares of the stock were exchanged, compared to its average volume of 35,361. The firm has a market capitalization of $933.49 million, a P/E ratio of 11.06 and a beta of 0.88. Invesco Large Cap Value ETF has a 12-month low of $43.52 and a 12-month high of $56.37. The business’s fifty day moving average is $53.09 and its two-hundred day moving average is $49.77.

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.