Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Unusually-High Trading Volume – Still a Buy?

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw unusually-strong trading volume on Monday . Approximately 133,485 shares were traded during trading, an increase of 161% from the previous session’s volume of 51,113 shares.The stock last traded at $67.72 and had previously closed at $67.46.

Invesco Large Cap Value ETF Trading Down 0.0%

The stock has a fifty day simple moving average of $66.86 and a two-hundred day simple moving average of $65.04. The firm has a market cap of $1.31 billion, a PE ratio of 16.47 and a beta of 0.81.

Institutional Trading of Invesco Large Cap Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of PWV. Fortitude Family Office LLC bought a new position in shares of Invesco Large Cap Value ETF in the fourth quarter worth $31,000. Advisory Services Network LLC purchased a new position in Invesco Large Cap Value ETF during the third quarter worth about $34,000. Allspring Global Investments Holdings LLC bought a new position in Invesco Large Cap Value ETF in the 3rd quarter worth about $36,000. Beacon Capital Management Inc. purchased a new stake in shares of Invesco Large Cap Value ETF in the 2nd quarter valued at about $64,000. Finally, YANKCOM Partnership purchased a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter valued at about $72,000.

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. 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.