Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Large Volume Increase – Still a Buy?

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-high trading volume on Monday . 133,485 shares were traded during trading, an increase of 161% from the previous session’s volume of 51,113 shares.The stock last traded at $67.72 and had previously closed at $67.46.

Invesco Large Cap Value ETF Stock Up 0.6%

The company’s fifty day moving average price is $66.72 and its 200-day moving average price is $64.95. The stock has a market capitalization of $1.31 billion, a PE ratio of 16.47 and a beta of 0.81.

Institutional Trading of Invesco Large Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in PWV. Fortitude Family Office LLC purchased a new stake in shares of Invesco Large Cap Value ETF during the fourth quarter valued at $31,000. Advisory Services Network LLC bought a new position in shares of Invesco Large Cap Value ETF in the 3rd quarter worth approximately $34,000. Allspring Global Investments Holdings LLC bought a new stake in Invesco Large Cap Value ETF during the third quarter valued at approximately $36,000. Beacon Capital Management Inc. purchased a new position in shares of Invesco Large Cap Value ETF during the 2nd quarter worth $64,000. Finally, YANKCOM Partnership purchased a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter worth $72,000.

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. 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.