Invesco Large Cap Value ETF (NYSEARCA:PWV) Stock Short Interest Drops 87.9%

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 25,958 shares, a decrease of 87.9% from the September 15th total of 214,479 shares. Based on an average daily volume of 282,135 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of PWV. Armstrong Advisory Group Inc. bought a new position in Invesco Large Cap Value ETF during the 3rd quarter valued at $36,000. Motiv8 Investments LLC acquired a new position in Invesco Large Cap Value ETF in the fourth quarter valued at approximately $61,000. Advisortrust Partners LLC acquired a new position in Invesco Large Cap Value ETF during the 1st quarter valued at approximately $78,000. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco Large Cap Value ETF during the second quarter valued at $102,000. Finally, Eastern Bank bought a new position in Invesco Large Cap Value ETF in the 3rd quarter worth about $130,000.

Invesco Large Cap Value ETF Stock Down 0.7%

Shares of NYSEARCA PWV traded down $0.56 on Friday, hitting $77.53. The company had a trading volume of 284,628 shares, compared to its average volume of 96,193. The business has a 50 day moving average of $80.25 and a two-hundred day moving average of $76.49. The firm has a market capitalization of $1.84 billion, a P/E ratio of 16.47 and a beta of 0.72. Invesco Large Cap Value ETF has a 12-month low of $63.54 and a 12-month high of $83.41.

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.