Invesco Large Cap Growth ETF (NYSEARCA:PWB) Short Interest Update

Invesco Large Cap Growth ETF (NYSEARCA:PWB) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 166,439 shares, an increase of 63.7% from the May 14th total of 101,678 shares. Based on an average daily volume of 87,143 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

Hedge funds have recently made changes to their positions in the business. MidFirst Bank bought a new position in shares of Invesco Large Cap Growth ETF during the 4th quarter worth approximately $31,000. Fortitude Family Office LLC bought a new position in shares of Invesco Large Cap Growth ETF during the 4th quarter worth approximately $40,000. Beaird Harris Wealth Management LLC bought a new position in shares of Invesco Large Cap Growth ETF during the 3rd quarter worth approximately $45,000. Sunbelt Securities Inc. bought a new position in shares of Invesco Large Cap Growth ETF during the 1st quarter worth approximately $53,000. Finally, Assetmark Inc. grew its stake in shares of Invesco Large Cap Growth ETF by 12,150.0% during the 4th quarter. Assetmark Inc. now owns 490 shares of the company’s stock worth $62,000 after acquiring an additional 486 shares in the last quarter.

Invesco Large Cap Growth ETF Stock Performance

NYSEARCA PWB opened at $162.84 on Wednesday. The business has a 50 day simple moving average of $150.65 and a 200 day simple moving average of $137.84. Invesco Large Cap Growth ETF has a 52-week low of $111.09 and a 52-week high of $166.51. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 40.15 and a beta of 1.23.

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.