Welch Financial Planning LLC Makes New Investment in Invesco Large Cap Growth ETF $PWB

Welch Financial Planning LLC bought a new position in shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) during the 3rd quarter, Holdings Channel reports. The fund bought 65,111 shares of the company’s stock, valued at approximately $10,558,000. Invesco Large Cap Growth ETF accounts for approximately 5.9% of Welch Financial Planning LLC’s portfolio, making the stock its 4th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in PWB. Fifth Third Bancorp increased its holdings in shares of Invesco Large Cap Growth ETF by 9.5% in the 3rd quarter. Fifth Third Bancorp now owns 16,264 shares of the company’s stock valued at $2,637,000 after purchasing an additional 1,415 shares in the last quarter. Jacobi Capital Management LLC purchased a new stake in Invesco Large Cap Growth ETF during the third quarter worth about $55,000. Lido Advisors LLC purchased a new stake in Invesco Large Cap Growth ETF during the third quarter worth about $284,000. Cornerstone Wealth Management LLC purchased a new stake in Invesco Large Cap Growth ETF during the third quarter worth about $23,311,000. Finally, Parallel Advisors LLC purchased a new stake in Invesco Large Cap Growth ETF during the third quarter worth about $2,000,000.

Invesco Large Cap Growth ETF Trading Down 0.4%

Shares of PWB opened at $147.31 on Friday. The firm’s 50-day moving average is $155.34 and its two-hundred day moving average is $149.59. Invesco Large Cap Growth ETF has a twelve month low of $118.50 and a twelve month high of $169.01. The firm has a market capitalization of $2.54 billion, a P/E ratio of 31.03 and a beta of 1.24.

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.