Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Significant Growth in Short Interest

Invesco Large Cap Growth ETF (NYSEARCA:PWB) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 131,929 shares, a growth of 20.8% from the January 15th total of 109,236 shares. Based on an average daily volume of 35,253 shares, the short-interest ratio is currently 3.7 days. Currently, 1.2% of the shares of the company are short sold. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 35,253 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of Invesco Large Cap Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Beacon Capital Management Inc. bought a new position in Invesco Large Cap Growth ETF in the second quarter worth approximately $34,000. Fortitude Family Office LLC acquired a new stake in Invesco Large Cap Growth ETF in the 4th quarter valued at $40,000. CX Institutional bought a new stake in Invesco Large Cap Growth ETF during the 3rd quarter valued at $44,000. Beaird Harris Wealth Management LLC acquired a new position in Invesco Large Cap Growth ETF during the third quarter worth $45,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of Invesco Large Cap Growth ETF in the third quarter valued at $60,000.

Invesco Large Cap Growth ETF Stock Up 0.4%

Shares of NYSEARCA:PWB traded up $0.47 during trading on Tuesday, reaching $134.32. 29,856 shares of the company traded hands, compared to its average volume of 47,115. Invesco Large Cap Growth ETF has a 52 week low of $82.22 and a 52 week high of $138.48. The company’s 50 day moving average is $131.29 and its two-hundred day moving average is $126.63. The firm has a market capitalization of $1.52 billion, a PE ratio of 40.15 and a beta of 1.12.

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.