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

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw strong trading volume on Friday. Approximately 93,887 shares traded hands during trading, an increase of 4% from the previous session’s volume of 90,241 shares. The stock last traded at $76.4710 and had previously closed at $76.46.

Invesco Large Cap Value ETF Stock Performance

The stock has a market cap of $1.81 billion, a PE ratio of 16.47 and a beta of 0.71. The stock has a fifty day moving average price of $80.59 and a 200 day moving average price of $76.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new stake in Invesco Large Cap Value ETF in the 2nd quarter worth about $102,000. NewEdge Advisors LLC lifted its stake in Invesco Large Cap Value ETF by 1,284.6% in the second quarter. NewEdge Advisors LLC now owns 3,420 shares of the company’s stock worth $259,000 after purchasing an additional 3,173 shares during the last quarter. Waverly Advisors LLC boosted its position in shares of Invesco Large Cap Value ETF by 1,259.2% during the second quarter. Waverly Advisors LLC now owns 224,439 shares of the company’s stock valued at $17,006,000 after buying an additional 207,927 shares during the period. Citadel Advisors LLC bought a new position in shares of Invesco Large Cap Value ETF during the second quarter valued at approximately $786,000. Finally, Ameritas Advisory Services LLC grew its stake in shares of Invesco Large Cap Value ETF by 58.3% during the second quarter. Ameritas Advisory Services LLC now owns 24,130 shares of the company’s stock valued at $1,828,000 after buying an additional 8,887 shares during the last quarter.

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund generally will invest at least 80% of its total assets in common stocks of large-capitalization companies.