Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Down 46.8% in May

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 64,410 shares, a drop of 46.8% from the April 30th total of 121,025 shares. Based on an average daily trading volume, of 43,577 shares, the short-interest ratio is currently 1.5 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of Invesco Large Cap Value ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Alpha Cubed Investments LLC boosted its stake in shares of Invesco Large Cap Value ETF by 3.1% in the 4th quarter. Alpha Cubed Investments LLC now owns 5,167 shares of the company’s stock worth $344,000 after buying an additional 156 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of Invesco Large Cap Value ETF by 1.8% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,998 shares of the company’s stock worth $717,000 after buying an additional 190 shares during the last quarter. Harmony Asset Management LLC boosted its stake in shares of Invesco Large Cap Value ETF by 2.4% in the 1st quarter. Harmony Asset Management LLC now owns 8,418 shares of the company’s stock worth $587,000 after buying an additional 199 shares during the last quarter. RDA Financial Network boosted its stake in shares of Invesco Large Cap Value ETF by 3.0% in the 4th quarter. RDA Financial Network now owns 6,800 shares of the company’s stock worth $452,000 after buying an additional 200 shares during the last quarter. Finally, Horizon Family Wealth Inc. boosted its stake in shares of Invesco Large Cap Value ETF by 0.4% in the 4th quarter. Horizon Family Wealth Inc. now owns 52,109 shares of the company’s stock worth $3,466,000 after buying an additional 213 shares during the last quarter.

Invesco Large Cap Value ETF Stock Up 0.9%

Shares of Invesco Large Cap Value ETF stock traded up $0.67 on Tuesday, reaching $74.31. The company’s stock had a trading volume of 23,940 shares, compared to its average volume of 56,513. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 16.47 and a beta of 0.73. The firm’s fifty day simple moving average is $71.84 and its two-hundred day simple moving average is $69.33. Invesco Large Cap Value ETF has a 52 week low of $59.77 and a 52 week high of $74.77.

About Invesco Large Cap Value ETF

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.