Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Update

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 64,410 shares, a decrease of 46.8% from the April 30th total of 121,025 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 43,577 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

A number of large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Large Cap Value ETF by 55,132.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,719,847 shares of the company’s stock valued at $912,644,000 after buying an additional 13,695,007 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Invesco Large Cap Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 1,845,579 shares of the company’s stock worth $122,768,000 after purchasing an additional 316,197 shares during the period. Bank of America Corp DE lifted its stake in shares of Invesco Large Cap Value ETF by 1.6% during the 1st quarter. Bank of America Corp DE now owns 821,082 shares of the company’s stock worth $57,238,000 after purchasing an additional 12,575 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Invesco Large Cap Value ETF by 4.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 564,431 shares of the company’s stock worth $36,807,000 after purchasing an additional 25,661 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Invesco Large Cap Value ETF by 1.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 515,353 shares of the company’s stock worth $34,281,000 after purchasing an additional 7,019 shares during the period.

Invesco Large Cap Value ETF Price Performance

NYSEARCA:PWV traded down $0.29 during trading hours on Monday, reaching $73.47. 14,691 shares of the company traded hands, compared to its average volume of 56,645. The firm’s 50-day moving average is $71.74 and its 200-day moving average is $69.28. The stock has a market cap of $1.47 billion, a P/E ratio of 16.47 and a beta of 0.73. Invesco Large Cap Value ETF has a 1-year low of $59.38 and a 1-year high of $74.77.

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.