Invesco Large Cap Value ETF (NYSEARCA:PWV) Reaches New 1-Year High – Should You Buy?

Invesco Large Cap Value ETF (NYSEARCA:PWV) reached a new 52-week high during trading on Friday . The stock traded as high as $75.87 and last traded at $75.69, with a volume of 12778 shares. The stock had previously closed at $75.38.

Invesco Large Cap Value ETF Trading Up 0.3%

The firm has a fifty day moving average price of $72.19 and a 200 day moving average price of $69.50. The firm has a market cap of $1.52 billion, a PE ratio of 16.47 and a beta of 0.71.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PWV. Northwestern Mutual Wealth Management Co. lifted 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 buying an additional 13,695,007 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco Large Cap Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,845,579 shares of the company’s stock worth $122,768,000 after purchasing an additional 316,197 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of Invesco Large Cap Value ETF by 141.0% during the first quarter. Arkadios Wealth Advisors now owns 387,000 shares of the company’s stock worth $26,978,000 after buying an additional 226,423 shares during the period. SPWM Advisors LLC acquired a new stake in shares of Invesco Large Cap Value ETF in the fourth quarter valued at $10,619,000. Finally, Bank of America Corp DE grew its stake in shares of Invesco Large Cap Value ETF by 20.9% in the second quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock valued at $48,102,000 after buying an additional 134,052 shares in the last quarter.

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.