Atlas Private Wealth Advisors Decreases Stock Position in Invesco Large Cap Value ETF $PWV

Atlas Private Wealth Advisors lessened its stake in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 51.0% in the third quarter, Holdings Channel reports. The institutional investor owned 220,281 shares of the company’s stock after selling 229,082 shares during the quarter. Invesco Large Cap Value ETF comprises about 3.5% of Atlas Private Wealth Advisors’ portfolio, making the stock its 9th biggest position. Atlas Private Wealth Advisors’ holdings in Invesco Large Cap Value ETF were worth $14,365,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC bought a new position in shares of Invesco Large Cap Value ETF in the third quarter worth $36,000. Beacon Capital Management Inc. bought a new stake in shares of Invesco Large Cap Value ETF during the 2nd quarter valued at about $64,000. CX Institutional purchased a new position in shares of Invesco Large Cap Value ETF during the third quarter worth about $95,000. Harbor Asset Planning Inc. purchased a new position in shares of Invesco Large Cap Value ETF during the second quarter worth about $160,000. Finally, Howe & Rusling Inc. bought a new position in shares of Invesco Large Cap Value ETF in the second quarter worth approximately $167,000.

Invesco Large Cap Value ETF Price Performance

Shares of PWV opened at $68.54 on Friday. Invesco Large Cap Value ETF has a 1-year low of $50.82 and a 1-year high of $68.54. The company has a market capitalization of $1.32 billion, a P/E ratio of 16.47 and a beta of 0.81. The firm’s 50 day simple moving average is $66.99 and its 200 day simple moving average is $65.11.

Invesco Large Cap Value ETF Company Profile

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.