Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Strong Trading Volume – Here’s What Happened

Invesco Large Cap Growth ETF (NYSEARCA:PWBGet Free Report) saw unusually-high trading volume on Thursday . Approximately 62,100 shares were traded during mid-day trading, an increase of 80% from the previous session’s volume of 34,596 shares.The stock last traded at $133.29 and had previously closed at $133.58.

Invesco Large Cap Growth ETF Stock Performance

The business’s 50-day moving average price is $128.23 and its 200-day moving average price is $124.63. The stock has a market cap of $1.50 billion, a P/E ratio of 40.15 and a beta of 1.12.

Institutional Trading of Invesco Large Cap Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PWB. ACT Wealth Management LLC purchased a new stake in Invesco Large Cap Growth ETF in the 3rd quarter worth $24,410,000. Ameriprise Financial Inc. boosted its holdings in shares of Invesco Large Cap Growth ETF by 100.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 176,909 shares of the company’s stock worth $22,190,000 after purchasing an additional 88,580 shares during the period. Elevation Capital Advisory LLC bought a new position in Invesco Large Cap Growth ETF during the second quarter valued at $8,989,000. Ethos Financial Group LLC purchased a new stake in Invesco Large Cap Growth ETF in the 2nd quarter worth about $7,612,000. Finally, Garden State Investment Advisory Services LLC lifted its stake in shares of Invesco Large Cap Growth ETF by 61.4% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 154,234 shares of the company’s stock worth $18,113,000 after acquiring an additional 58,670 shares during the last quarter.

About Invesco Large Cap Growth ETF

(Get Free Report)

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.

Read More

Receive News & Ratings for Invesco Large Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Large Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.