Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – What’s Next?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw strong trading volume on Wednesday . 94,658 shares changed hands during mid-day trading, an increase of 120% from the previous session’s volume of 43,000 shares.The stock last traded at $57.01 and had previously closed at $57.17.

Invesco Large Cap Value ETF Stock Up 0.1 %

The firm has a market cap of $924.35 million, a price-to-earnings ratio of 17.51 and a beta of 0.69. The company’s fifty day moving average is $59.06 and its 200 day moving average is $57.90.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Horizon Family Wealth Inc. raised its holdings in Invesco Large Cap Value ETF by 0.6% in the 2nd quarter. Horizon Family Wealth Inc. now owns 50,425 shares of the company’s stock valued at $2,775,000 after acquiring an additional 294 shares during the period. FMR LLC boosted its stake in Invesco Large Cap Value ETF by 4.0% in the 3rd quarter. FMR LLC now owns 9,293 shares of the company’s stock valued at $542,000 after purchasing an additional 360 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Invesco Large Cap Value ETF by 0.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 147,381 shares of the company’s stock valued at $8,595,000 after buying an additional 683 shares in the last quarter. Glenmede Trust Co. NA grew its holdings in Invesco Large Cap Value ETF by 237.2% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,848 shares of the company’s stock valued at $108,000 after buying an additional 1,300 shares in the last quarter. Finally, Eastern Bank bought a new position in Invesco Large Cap Value ETF during the 3rd quarter worth $100,000.

About Invesco Large Cap Value ETF

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.