Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw unusually-strong trading volume on Thursday . Approximately 64,401 shares changed hands during mid-day trading, an increase of 288% from the previous session’s volume of 16,582 shares.The stock last traded at $108.21 and had previously closed at $107.72.

Invesco Large Cap Growth ETF Trading Up 0.6 %

The stock’s 50 day moving average is $104.39 and its two-hundred day moving average is $99.22. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 36.77 and a beta of 1.12.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

Large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Invesco Large Cap Growth ETF by 2.8% during the second quarter. Envestnet Asset Management Inc. now owns 99,065 shares of the company’s stock worth $9,357,000 after acquiring an additional 2,665 shares in the last quarter. Creative Planning raised its stake in shares of Invesco Large Cap Growth ETF by 7.7% during the 2nd quarter. Creative Planning now owns 5,675 shares of the company’s stock worth $536,000 after purchasing an additional 405 shares in the last quarter. Silver Lake Advisory LLC acquired a new stake in shares of Invesco Large Cap Growth ETF in the 2nd quarter valued at approximately $237,000. Elevation Capital Advisory LLC bought a new position in shares of Invesco Large Cap Growth ETF in the second quarter valued at $9,251,000. Finally, Regal Investment Advisors LLC increased its holdings in Invesco Large Cap Growth ETF by 4.8% during the second quarter. Regal Investment Advisors LLC now owns 73,918 shares of the company’s stock worth $6,982,000 after buying an additional 3,392 shares during the last quarter.

About Invesco Large Cap Growth ETF