Invesco Large Cap Value ETF (NYSEARCA:PWV) Sees Large Increase in Short Interest

Invesco Large Cap Value ETF (NYSEARCA:PWV) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 56,258 shares, an increase of 101.4% from the August 15th total of 27,934 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 97,885 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Motiv8 Investments LLC acquired a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter valued at approximately $61,000. IFP Advisors Inc increased its holdings in Invesco Large Cap Value ETF by 356.5% during the fourth quarter. IFP Advisors Inc now owns 913 shares of the company’s stock worth $61,000 after buying an additional 713 shares during the last quarter. Advisortrust Partners LLC acquired a new position in Invesco Large Cap Value ETF during the first quarter worth $78,000. Blueline Advisors LLC bought a new stake in Invesco Large Cap Value ETF during the fourth quarter worth $99,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Invesco Large Cap Value ETF during the second quarter worth $102,000.

Invesco Large Cap Value ETF Stock Performance

PWV traded down $0.25 on Monday, hitting $81.74. 275,547 shares of the company were exchanged, compared to its average volume of 78,116. Invesco Large Cap Value ETF has a 12 month low of $63.54 and a 12 month high of $83.41. The company has a market cap of $1.75 billion, a PE ratio of 16.47 and a beta of 0.71. The stock’s fifty day moving average is $80.54 and its 200-day moving average is $75.34.

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.