Invesco Large Cap Growth ETF $PWB Shares Newly Bought by Founders Financial Securities LLC

Founders Financial Securities LLC purchased a new position in Invesco Large Cap Growth ETF (NYSEARCA:PWB) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,621 shares of the company’s stock, valued at approximately $3,830,000.

A number of other hedge funds have also made changes to their positions in PWB. Kestra Private Wealth Services LLC boosted its holdings in shares of Invesco Large Cap Growth ETF by 1.9% during the first quarter. Kestra Private Wealth Services LLC now owns 5,437 shares of the company’s stock worth $685,000 after purchasing an additional 101 shares during the period. Harmony Asset Management LLC grew its position in Invesco Large Cap Growth ETF by 2.1% during the first quarter. Harmony Asset Management LLC now owns 6,471 shares of the company’s stock valued at $815,000 after purchasing an additional 132 shares in the last quarter. Waverly Advisors LLC increased its stake in Invesco Large Cap Growth ETF by 1.9% in the 1st quarter. Waverly Advisors LLC now owns 8,854 shares of the company’s stock valued at $1,115,000 after buying an additional 166 shares during the period. Focus Financial Network Inc. increased its stake in Invesco Large Cap Growth ETF by 1.8% in the 2nd quarter. Focus Financial Network Inc. now owns 11,508 shares of the company’s stock valued at $1,939,000 after buying an additional 204 shares during the period. Finally, Western Wealth Management LLC increased its stake in Invesco Large Cap Growth ETF by 11.3% in the 1st quarter. Western Wealth Management LLC now owns 2,797 shares of the company’s stock valued at $352,000 after buying an additional 285 shares during the period.

Invesco Large Cap Growth ETF Stock Down 0.8%

Shares of NYSEARCA:PWB opened at $154.44 on Friday. The firm has a fifty day moving average of $157.58 and a two-hundred day moving average of $149.05. Invesco Large Cap Growth ETF has a 12-month low of $118.50 and a 12-month high of $169.01. The firm has a market capitalization of $2.63 billion, a P/E ratio of 40.15 and a beta of 1.22.

Invesco Large Cap Growth ETF Profile

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.