Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Strong Trading Volume – Time to Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw strong trading volume on Thursday . 62,100 shares were traded during trading, an increase of 80% from the previous session’s volume of 34,596 shares.The stock last traded at $133.29 and had previously closed at $133.58.

Invesco Large Cap Growth ETF Stock Performance

The stock has a 50-day moving average of $127.91 and a 200 day moving average of $124.46. The firm has a market capitalization of $1.51 billion, a P/E ratio of 40.15 and a beta of 1.12.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Secure Asset Management LLC grew its holdings in Invesco Large Cap Growth ETF by 135.9% during the 4th quarter. Secure Asset Management LLC now owns 6,004 shares of the company’s stock worth $763,000 after acquiring an additional 3,459 shares during the last quarter. Sovran Advisors LLC acquired a new position in shares of Invesco Large Cap Growth ETF during the fourth quarter worth approximately $202,000. Fortitude Family Office LLC bought a new stake in shares of Invesco Large Cap Growth ETF during the fourth quarter valued at approximately $40,000. ACT Wealth Management LLC increased its holdings in shares of Invesco Large Cap Growth ETF by 6.9% in the fourth quarter. ACT Wealth Management LLC now owns 208,072 shares of the company’s stock valued at $26,448,000 after purchasing an additional 13,442 shares in the last quarter. Finally, RiverTree Advisors LLC bought a new position in Invesco Large Cap Growth ETF in the 4th quarter worth approximately $1,507,000.

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.