Northwestern Mutual Wealth Management Co. Buys 13,695,007 Shares of Invesco Large Cap Value ETF $PWV

Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 55,132.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 13,719,847 shares of the company’s stock after acquiring an additional 13,695,007 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.71% of Invesco Large Cap Value ETF worth $912,644,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capstone Wealth Management Group LLC bought a new stake in shares of Invesco Large Cap Value ETF during the 3rd quarter worth approximately $4,163,000. Farther Finance Advisors LLC lifted its holdings in shares of Invesco Large Cap Value ETF by 955.2% during the 4th quarter. Farther Finance Advisors LLC now owns 43,570 shares of the company’s stock worth $2,898,000 after acquiring an additional 39,441 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco Large Cap Value ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 201,960 shares of the company’s stock worth $13,170,000 after acquiring an additional 7,809 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Invesco Large Cap Value ETF by 4.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 564,431 shares of the company’s stock worth $36,807,000 after acquiring an additional 25,661 shares during the period. Finally, Stratos Investment Management LLC lifted its holdings in shares of Invesco Large Cap Value ETF by 27.5% during the 3rd quarter. Stratos Investment Management LLC now owns 155,562 shares of the company’s stock worth $10,144,000 after acquiring an additional 33,536 shares during the period.

Invesco Large Cap Value ETF Trading Down 0.5%

Shares of Invesco Large Cap Value ETF stock opened at $73.17 on Friday. The company has a 50 day moving average of $70.79 and a 200-day moving average of $68.62. Invesco Large Cap Value ETF has a 1-year low of $58.76 and a 1-year high of $73.83. The company has a market cap of $1.47 billion, a PE ratio of 16.47 and a beta of 0.73.

Invesco Large Cap Value ETF Profile

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.