Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Up 47.6% in December

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 22,999 shares, a growth of 47.6% from the December 15th total of 15,578 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 46,263 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 46,263 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

Invesco Large Cap Value ETF Stock Down 0.2%

Shares of NYSEARCA PWV traded down $0.16 on Friday, hitting $67.32. The company had a trading volume of 44,224 shares, compared to its average volume of 61,539. The business has a 50 day moving average of $66.57 and a two-hundred day moving average of $64.71. The firm has a market capitalization of $1.29 billion, a P/E ratio of 16.47 and a beta of 0.81. Invesco Large Cap Value ETF has a 12-month low of $50.82 and a 12-month high of $68.04.

Institutional Investors Weigh In On Invesco Large Cap Value ETF

A number of hedge funds have recently made changes to their positions in PWV. Philip James Wealth Mangement LLC boosted its position in shares of Invesco Large Cap Value ETF by 0.7% in the second quarter. Philip James Wealth Mangement LLC now owns 23,827 shares of the company’s stock valued at $1,481,000 after acquiring an additional 165 shares during the period. Cornerstone Wealth Management LLC grew its holdings in shares of Invesco Large Cap Value ETF by 1.8% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,998 shares of the company’s stock worth $717,000 after purchasing an additional 190 shares during the last quarter. RDA Financial Network raised its stake in shares of Invesco Large Cap Value ETF by 3.0% in the fourth quarter. RDA Financial Network now owns 6,800 shares of the company’s stock valued at $452,000 after acquiring an additional 200 shares during the last quarter. Horizon Family Wealth Inc. raised its position in Invesco Large Cap Value ETF by 0.4% in the 3rd quarter. Horizon Family Wealth Inc. now owns 51,896 shares of the company’s stock valued at $3,384,000 after purchasing an additional 232 shares during the last quarter. Finally, Equitable Holdings Inc. lifted its position in Invesco Large Cap Value ETF by 0.3% during the 3rd quarter. Equitable Holdings Inc. now owns 104,744 shares of the company’s stock worth $6,830,000 after buying an additional 322 shares in the last quarter.

Invesco Large Cap Value ETF Company Profile

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.