Short Interest in Invesco Large Cap Growth ETF (NYSEARCA:PWB) Expands By 20.8%

Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 131,929 shares, a growth of 20.8% from the January 15th total of 109,236 shares. Based on an average trading volume of 35,253 shares, the short-interest ratio is presently 3.7 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 35,253 shares, the short-interest ratio is presently 3.7 days.

Invesco Large Cap Growth ETF Stock Up 1.6%

NYSEARCA:PWB traded up $2.18 on Wednesday, hitting $135.78. The stock had a trading volume of 12,797 shares, compared to its average volume of 47,896. The business’s 50-day simple moving average is $131.40 and its two-hundred day simple moving average is $126.75. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 40.15 and a beta of 1.12. Invesco Large Cap Growth ETF has a 52-week low of $82.22 and a 52-week high of $138.48.

Institutional Trading of Invesco Large Cap Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PWB. Beacon Capital Management Inc. bought a new position in Invesco Large Cap Growth ETF in the second quarter worth approximately $34,000. Fortitude Family Office LLC purchased a new stake in shares of Invesco Large Cap Growth ETF in the 4th quarter worth $40,000. CX Institutional bought a new position in Invesco Large Cap Growth ETF in the 3rd quarter worth $44,000. Beaird Harris Wealth Management LLC purchased a new position in Invesco Large Cap Growth ETF during the third quarter valued at $45,000. Finally, Grey Fox Wealth Advisors LLC purchased a new position in Invesco Large Cap Growth ETF during the third quarter valued at $60,000.

About Invesco Large Cap Growth ETF

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.