Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) saw strong trading volume on Wednesday . 102,643 shares were traded during mid-day trading, an increase of 182% from the previous session’s volume of 36,396 shares.The stock last traded at $60.52 and had previously closed at $59.96.

Invesco Large Cap Value ETF Trading Down 0.7 %

The firm has a market capitalization of $1.04 billion, a P/E ratio of 18.08 and a beta of 0.86. The business’s fifty day moving average is $59.67 and its 200 day moving average is $59.04.

Invesco Large Cap Value ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.409 per share. The ex-dividend date is Monday, March 24th. This is an increase from Invesco Large Cap Value ETF’s previous dividend of $0.32.

Hedge Funds Weigh In On Invesco Large Cap Value ETF

Institutional investors have recently bought and sold shares of the stock. FMR LLC boosted its stake in Invesco Large Cap Value ETF by 4.0% in the 3rd quarter. FMR LLC now owns 9,293 shares of the company’s stock worth $542,000 after purchasing an additional 360 shares during the period. Glenmede Trust Co. NA boosted its position in shares of Invesco Large Cap Value ETF by 237.2% in the third quarter. Glenmede Trust Co. NA now owns 1,848 shares of the company’s stock worth $108,000 after buying an additional 1,300 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Invesco Large Cap Value ETF by 0.5% during the third quarter. Rockefeller Capital Management L.P. now owns 147,381 shares of the company’s stock valued at $8,595,000 after buying an additional 683 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in Invesco Large Cap Value ETF during the third quarter valued at $572,000. Finally, Mission Creek Capital Partners Inc. purchased a new stake in Invesco Large Cap Value ETF in the 3rd quarter worth about $218,000.

About Invesco Large Cap Value ETF

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.