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

Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw an uptick in trading volume on Thursday . Approximately 161,908 shares were traded during trading, an increase of 209% from the previous session’s volume of 52,461 shares.The stock last traded at $132.29 and had previously closed at $134.40.

Invesco Large Cap Growth ETF Price Performance

The stock has a market capitalization of $1.49 billion, a P/E ratio of 40.15 and a beta of 1.12. The firm’s 50 day moving average price is $133.09 and its 200 day moving average price is $127.88.

Institutional Trading of Invesco Large Cap Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of Invesco Large Cap Growth ETF by 67.7% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,927 shares of the company’s stock valued at $1,245,000 after purchasing an additional 4,006 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Invesco Large Cap Growth ETF by 82.8% in the second quarter. Osaic Holdings Inc. now owns 81,174 shares of the company’s stock worth $9,533,000 after buying an additional 36,773 shares during the period. Kingsview Wealth Management LLC purchased a new position in shares of Invesco Large Cap Growth ETF during the 2nd quarter worth approximately $267,000. ACT Wealth Management LLC bought a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter worth approximately $24,410,000. Finally, Blue Capital Inc. purchased a new position in shares of Invesco Large Cap Growth ETF in the 2nd quarter valued at approximately $1,305,000.

About Invesco Large Cap Growth ETF

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.