Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Unusually-High Trading Volume – What’s Next?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw unusually-strong trading volume on Wednesday . Approximately 71,221 shares were traded during trading, an increase of 25% from the previous session’s volume of 56,783 shares.The stock last traded at $127.72 and had previously closed at $125.93.

Invesco Large Cap Growth ETF Stock Performance

The stock’s 50 day moving average price is $132.58 and its 200 day moving average price is $129.20. The company has a market capitalization of $1.46 billion, a P/E ratio of 40.15 and a beta of 1.12.

Institutional Trading of Invesco Large Cap Growth ETF

Institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Large Cap Growth ETF by 6,494.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 341,154 shares of the company’s stock worth $43,364,000 after acquiring an additional 335,981 shares during the period. ACT Wealth Management LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at about $24,410,000. LPL Financial LLC lifted its stake in shares of Invesco Large Cap Growth ETF by 10.6% in the 4th quarter. LPL Financial LLC now owns 1,371,487 shares of the company’s stock valued at $174,330,000 after purchasing an additional 130,950 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Invesco Large Cap Growth ETF by 100.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 176,909 shares of the company’s stock valued at $22,190,000 after purchasing an additional 88,580 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its position in shares of Invesco Large Cap Growth ETF by 61.4% during the 2nd quarter. Garden State Investment Advisory Services LLC now owns 154,234 shares of the company’s stock valued at $18,113,000 after purchasing an additional 58,670 shares in the last quarter.

Invesco Large Cap Growth ETF Company Profile

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.