Invesco Large Cap Value ETF (NYSEARCA:PWV) Sets New 52-Week High at $58.53

Invesco Large Cap Value ETF (NYSEARCA:PWV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $58.53 and last traded at $58.53, with a volume of 863 shares. The stock had previously closed at $58.19.

Invesco Large Cap Value ETF Trading Down 0.2 %

The company has a fifty day simple moving average of $56.17 and a 200-day simple moving average of $55.30. The stock has a market cap of $940.52 million, a price-to-earnings ratio of 17.51 and a beta of 0.69.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

A number of hedge funds have recently added to or reduced their stakes in PWV. Frazier Financial Advisors LLC bought a new stake in Invesco Large Cap Value ETF during the fourth quarter worth approximately $34,000. ORG Partners LLC bought a new stake in Invesco Large Cap Value ETF during the second quarter worth approximately $44,000. EverSource Wealth Advisors LLC boosted its position in Invesco Large Cap Value ETF by 35.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock worth $95,000 after purchasing an additional 458 shares during the period. Garden State Investment Advisory Services LLC bought a new stake in shares of Invesco Large Cap Value ETF in the second quarter valued at approximately $203,000. Finally, LexAurum Advisors LLC bought a new stake in shares of Invesco Large Cap Value ETF in the first quarter valued at approximately $217,000.

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.