Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Up 101.4% in August

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 56,258 shares, a growth of 101.4% from the August 15th total of 27,934 shares. Based on an average daily trading volume, of 97,885 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

A number of hedge funds have recently bought and sold shares of the company. Motiv8 Investments LLC bought a new position in shares of Invesco Large Cap Value ETF during the 4th quarter worth about $61,000. IFP Advisors Inc lifted its holdings in shares of Invesco Large Cap Value ETF by 356.5% during the 4th quarter. IFP Advisors Inc now owns 913 shares of the company’s stock worth $61,000 after acquiring an additional 713 shares during the period. Advisortrust Partners LLC acquired a new stake in shares of Invesco Large Cap Value ETF during the 1st quarter valued at about $78,000. Blueline Advisors LLC bought a new stake in Invesco Large Cap Value ETF in the fourth quarter valued at about $99,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Invesco Large Cap Value ETF in the second quarter worth about $102,000.

Invesco Large Cap Value ETF Price Performance

NYSEARCA:PWV traded up $0.02 during midday trading on Tuesday, reaching $81.76. The stock had a trading volume of 103,830 shares, compared to its average volume of 78,262. Invesco Large Cap Value ETF has a 1-year low of $63.54 and a 1-year high of $83.41. The firm’s fifty day simple moving average is $80.62 and its 200-day simple moving average is $75.42. The stock has a market capitalization of $1.75 billion, a P/E ratio of 16.47 and a beta of 0.71.

Invesco Large Cap Value ETF Company 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.