Invesco Large Cap Growth ETF (NYSEARCA:PWB) Hits New 12-Month High – Time to Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWB)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $127.86 and last traded at $126.89, with a volume of 42653 shares traded. The stock had previously closed at $125.62.

Invesco Large Cap Growth ETF Stock Up 1.0%

The company’s 50 day simple moving average is $121.26 and its 200-day simple moving average is $111.74. The firm has a market cap of $1.37 billion, a P/E ratio of 40.15 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Beacon Capital Management Inc. purchased a new stake in shares of Invesco Large Cap Growth ETF during the second quarter worth about $34,000. PFS Partners LLC purchased a new position in shares of Invesco Large Cap Growth ETF in the first quarter worth $62,000. AE Wealth Management LLC lifted its stake in shares of Invesco Large Cap Growth ETF by 396.9% during the second quarter. AE Wealth Management LLC now owns 959 shares of the company’s stock worth $113,000 after buying an additional 766 shares during the period. Milestones Private Investment Advisors LLC purchased a new stake in shares of Invesco Large Cap Growth ETF during the second quarter valued at $207,000. Finally, Horizon Wealth Management LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 2nd quarter valued at $208,000.

Invesco Large Cap Growth ETF Company Profile