PNC Financial Services Group Inc. Sells 43,343 Shares of Invesco Large Cap Value ETF $PWV

PNC Financial Services Group Inc. cut its holdings in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 7.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 519,784 shares of the company’s stock after selling 43,343 shares during the period. PNC Financial Services Group Inc.’s holdings in Invesco Large Cap Value ETF were worth $36,234,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in Invesco Large Cap Value ETF by 55,132.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,719,847 shares of the company’s stock valued at $912,644,000 after purchasing an additional 13,695,007 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Invesco Large Cap Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 1,845,579 shares of the company’s stock worth $122,768,000 after buying an additional 316,197 shares during the last quarter. SPWM Advisors LLC acquired a new position in shares of Invesco Large Cap Value ETF during the 4th quarter worth about $10,619,000. Bank of America Corp DE grew its holdings in shares of Invesco Large Cap Value ETF by 20.9% in the 2nd quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock valued at $48,102,000 after acquiring an additional 134,052 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Invesco Large Cap Value ETF by 24.3% in the third quarter. Raymond James Financial Inc. now owns 327,464 shares of the company’s stock valued at $21,354,000 after acquiring an additional 64,004 shares during the last quarter.

Invesco Large Cap Value ETF Stock Performance

PWV opened at $79.34 on Friday. The business’s 50-day simple moving average is $76.15 and its 200 day simple moving average is $72.13. Invesco Large Cap Value ETF has a 52-week low of $60.92 and a 52-week high of $79.86. The firm has a market capitalization of $1.66 billion, a PE ratio of 16.47 and a beta of 0.71.

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.