Short Interest in Invesco Large Cap Growth ETF (NYSEARCA:PWB) Increases By 20.8%

Invesco Large Cap Growth ETF (NYSEARCA:PWB) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 131,929 shares, a growth of 20.8% from the January 15th total of 109,236 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 35,253 shares, the days-to-cover ratio is presently 3.7 days. Based on an average trading volume of 35,253 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.2% of the shares of the company are short sold.

Institutional Trading of Invesco Large Cap Growth ETF

Hedge funds have recently modified their holdings of the stock. Beacon Capital Management Inc. purchased a new position in Invesco Large Cap Growth ETF during the second quarter valued at approximately $34,000. Fortitude Family Office LLC acquired a new stake in shares of Invesco Large Cap Growth ETF during the 4th quarter worth approximately $40,000. CX Institutional purchased a new position in shares of Invesco Large Cap Growth ETF during the 3rd quarter valued at approximately $44,000. Beaird Harris Wealth Management LLC purchased a new position in shares of Invesco Large Cap Growth ETF during the 3rd quarter valued at approximately $45,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $60,000.

Invesco Large Cap Growth ETF Price Performance

NYSEARCA PWB opened at $134.75 on Thursday. Invesco Large Cap Growth ETF has a 1 year low of $82.22 and a 1 year high of $138.48. The company has a market capitalization of $1.53 billion, a PE ratio of 40.15 and a beta of 1.12. The company has a fifty day moving average of $131.52 and a 200 day moving average of $126.80.

About Invesco Large Cap Growth ETF

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.