Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Large Volume Increase – What’s Next?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw unusually-strong trading volume on Thursday . Approximately 64,401 shares changed hands during mid-day trading, an increase of 288% from the previous session’s volume of 16,582 shares.The stock last traded at $108.21 and had previously closed at $107.72.

Invesco Large Cap Growth ETF Trading Up 0.6 %

The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 36.77 and a beta of 1.12. The company has a 50 day moving average price of $104.39 and a 200 day moving average price of $99.22.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Elevation Capital Advisory LLC acquired a new position in Invesco Large Cap Growth ETF during the second quarter valued at approximately $9,251,000. Silver Oak Securities Incorporated grew its holdings in shares of Invesco Large Cap Growth ETF by 336.2% in the 3rd quarter. Silver Oak Securities Incorporated now owns 12,047 shares of the company’s stock valued at $1,186,000 after buying an additional 9,285 shares during the period. Cornerstone Wealth Management LLC increased its position in shares of Invesco Large Cap Growth ETF by 11.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 71,611 shares of the company’s stock valued at $7,286,000 after buying an additional 7,624 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in Invesco Large Cap Growth ETF during the 3rd quarter worth $646,000. Finally, Concurrent Investment Advisors LLC bought a new position in Invesco Large Cap Growth ETF during the third quarter worth about $619,000.

About Invesco Large Cap Growth ETF