Royal Bank of Canada Sells 8,835 Shares of Invesco Large Cap Value ETF $PWV

Royal Bank of Canada reduced its holdings in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 6.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,766 shares of the company’s stock after selling 8,835 shares during the period. Royal Bank of Canada owned approximately 0.66% of Invesco Large Cap Value ETF worth $9,185,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PWV. AQR Capital Management LLC bought a new position in shares of Invesco Large Cap Value ETF in the 1st quarter valued at about $723,000. JPMorgan Chase & Co. lifted its stake in shares of Invesco Large Cap Value ETF by 49.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 44,544 shares of the company’s stock valued at $2,768,000 after purchasing an additional 14,799 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Invesco Large Cap Value ETF by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 263,460 shares of the company’s stock worth $16,371,000 after purchasing an additional 1,190 shares during the period. Florida Financial Advisors LLC purchased a new position in shares of Invesco Large Cap Value ETF in the 2nd quarter worth approximately $208,000. Finally, Bank of America Corp DE increased its position in shares of Invesco Large Cap Value ETF by 20.9% during the 2nd quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock valued at $48,102,000 after purchasing an additional 134,052 shares during the last quarter.

Invesco Large Cap Value ETF Stock Performance

NYSEARCA:PWV opened at $80.00 on Monday. The firm has a market capitalization of $1.72 billion, a PE ratio of 16.47 and a beta of 0.71. The stock’s fifty day moving average is $77.50 and its 200 day moving average is $73.10. Invesco Large Cap Value ETF has a fifty-two week low of $62.05 and a fifty-two week high of $81.25.

Invesco Large Cap Value ETF 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.