Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Strong Trading Volume – Time to Buy?

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-high trading volume on Wednesday . Approximately 98,011 shares changed hands during mid-day trading, an increase of 145% from the previous session’s volume of 40,007 shares.The stock last traded at $58.77 and had previously closed at $58.97.

Invesco Large Cap Value ETF Stock Performance

The firm has a market cap of $952.31 million, a price-to-earnings ratio of 17.51 and a beta of 0.69. The company’s fifty day moving average is $58.14 and its two-hundred day moving average is $56.41.

Institutional Trading of Invesco Large Cap Value ETF

Large investors have recently bought and sold shares of the company. Horizon Family Wealth Inc. boosted its position in Invesco Large Cap Value ETF by 0.5% in the 1st quarter. Horizon Family Wealth Inc. now owns 50,131 shares of the company’s stock valued at $2,841,000 after buying an additional 236 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Invesco Large Cap Value ETF by 2.4% in the first quarter. Oppenheimer & Co. Inc. now owns 10,718 shares of the company’s stock worth $607,000 after acquiring an additional 256 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Invesco Large Cap Value ETF by 35.4% in the first quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock valued at $95,000 after purchasing an additional 458 shares during the last quarter. ORG Partners LLC acquired a new stake in Invesco Large Cap Value ETF during the 2nd quarter valued at approximately $44,000. Finally, Eastern Bank purchased a new position in shares of Invesco Large Cap Value ETF during the 3rd quarter valued at approximately $100,000.

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.