89,491 Shares in Invesco Large Cap Value ETF $PWV Acquired by Avaii Wealth Management LLC

Avaii Wealth Management LLC acquired a new position in Invesco Large Cap Value ETF (NYSEARCA:PWV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 89,491 shares of the company’s stock, valued at approximately $6,862,000. Invesco Large Cap Value ETF comprises approximately 1.9% of Avaii Wealth Management LLC’s holdings, making the stock its 21st biggest position. Avaii Wealth Management LLC owned about 0.38% of Invesco Large Cap Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of PWV. Motiv8 Investments LLC bought a new position in Invesco Large Cap Value ETF in the 4th quarter worth $61,000. Advisortrust Partners LLC bought a new stake in Invesco Large Cap Value ETF during the first quarter valued at about $78,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco Large Cap Value ETF in the second quarter valued at about $102,000. Eastern Bank acquired a new stake in shares of Invesco Large Cap Value ETF in the third quarter valued at about $130,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Invesco Large Cap Value ETF in the first quarter valued at about $209,000.

Invesco Large Cap Value ETF Price Performance

Shares of NYSEARCA PWV traded down $0.56 during trading hours on Friday, hitting $77.53. 284,628 shares of the company’s stock were exchanged, compared to its average volume of 96,193. Invesco Large Cap Value ETF has a 1-year low of $63.54 and a 1-year high of $83.41. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 16.47 and a beta of 0.72. The company’s 50-day moving average price is $80.30 and its 200-day moving average price is $76.48.

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.