RiverTree Advisors LLC Takes $1.51 Million Position in Invesco Large Cap Growth ETF $PWB

RiverTree Advisors LLC purchased a new position in Invesco Large Cap Growth ETF (NYSEARCA:PWB) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 11,859 shares of the company’s stock, valued at approximately $1,507,000. Invesco Large Cap Growth ETF accounts for about 1.0% of RiverTree Advisors LLC’s portfolio, making the stock its 27th largest holding.

Other hedge funds have also recently bought and sold shares of the company. ACT Wealth Management LLC purchased a new stake in shares of Invesco Large Cap Growth ETF in the 3rd quarter worth about $24,410,000. Ameriprise Financial Inc. raised its position in Invesco Large Cap Growth ETF by 100.3% during the third quarter. Ameriprise Financial Inc. now owns 176,909 shares of the company’s stock worth $22,190,000 after acquiring an additional 88,580 shares during the last quarter. Garden State Investment Advisory Services LLC lifted its holdings in shares of Invesco Large Cap Growth ETF by 61.4% in the second quarter. Garden State Investment Advisory Services LLC now owns 154,234 shares of the company’s stock valued at $18,113,000 after purchasing an additional 58,670 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of Invesco Large Cap Growth ETF by 82.8% in the second quarter. Osaic Holdings Inc. now owns 81,174 shares of the company’s stock valued at $9,533,000 after purchasing an additional 36,773 shares during the last quarter. Finally, OneAscent Financial Services LLC purchased a new position in shares of Invesco Large Cap Growth ETF during the 3rd quarter worth approximately $4,032,000.

Invesco Large Cap Growth ETF Stock Performance

PWB stock opened at $123.28 on Monday. The stock’s 50 day moving average price is $132.94 and its 200 day moving average price is $129.19. The firm has a market cap of $1.40 billion, a P/E ratio of 40.15 and a beta of 1.12. Invesco Large Cap Growth ETF has a 1 year low of $82.22 and a 1 year high of $138.48.

Invesco Large Cap Growth ETF 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.