IAG Wealth Partners LLC Sells 12,135 Shares of Invesco Large Cap Value ETF $PWV

IAG Wealth Partners LLC reduced its position in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 317,926 shares of the company’s stock after selling 12,135 shares during the period. Invesco Large Cap Value ETF accounts for about 2.3% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 16th largest position. IAG Wealth Partners LLC’s holdings in Invesco Large Cap Value ETF were worth $24,258,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Armstrong Advisory Group Inc. purchased a new stake in shares of Invesco Large Cap Value ETF during the third quarter worth about $36,000. Advisortrust Partners LLC purchased a new position in shares of Invesco Large Cap Value ETF during the first quarter valued at approximately $78,000. Integrated Wealth Concepts LLC acquired a new stake in Invesco Large Cap Value ETF during the second quarter worth approximately $102,000. Eastern Bank acquired a new stake in Invesco Large Cap Value ETF during the third quarter worth approximately $130,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in Invesco Large Cap Value ETF during the third quarter worth approximately $200,000.

Invesco Large Cap Value ETF Stock Performance

PWV stock opened at $80.36 on Friday. The stock has a market capitalization of $1.87 billion, a P/E ratio of 14.26 and a beta of 0.71. Invesco Large Cap Value ETF has a one year low of $64.76 and a one year high of $83.41. The company has a 50 day moving average price of $79.35 and a two-hundred day moving average price of $75.58.

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.