Invesco Large Cap Growth ETF (NYSEARCA:PWB) Hits New 52-Week High – Here’s What Happened

Invesco Large Cap Growth ETF (NYSEARCA:PWB) shares hit a new 52-week high during trading on Monday . The stock traded as high as $165.24 and last traded at $164.80, with a volume of 6084 shares trading hands. The stock had previously closed at $160.13.

Invesco Large Cap Growth ETF Trading Down 1.6%

The firm has a market cap of $2.12 billion, a P/E ratio of 40.15 and a beta of 1.23. The company’s 50-day moving average is $150.65 and its two-hundred day moving average is $137.84.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

Several large investors have recently added to or reduced their stakes in PWB. MidFirst Bank bought a new position in Invesco Large Cap Growth ETF in the 4th quarter valued at about $31,000. Fortitude Family Office LLC bought a new position in Invesco Large Cap Growth ETF in the 4th quarter valued at about $40,000. Beaird Harris Wealth Management LLC bought a new position in Invesco Large Cap Growth ETF in the 3rd quarter valued at about $45,000. Sunbelt Securities Inc. bought a new position in Invesco Large Cap Growth ETF in the 1st quarter valued at about $53,000. Finally, Assetmark Inc. lifted its position in Invesco Large Cap Growth ETF by 12,150.0% in the 4th quarter. Assetmark Inc. now owns 490 shares of the company’s stock valued at $62,000 after acquiring an additional 486 shares in the last quarter.

Invesco Large Cap Growth ETF Company Profile

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.