Invesco Large Cap Growth ETF (NYSEARCA:PWB) Short Interest Update

Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 137,537 shares, a growth of 19.8% from the February 26th total of 114,781 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 83,780 shares, the short-interest ratio is currently 1.6 days.

Invesco Large Cap Growth ETF Stock Up 4.0%

NYSEARCA:PWB opened at $125.93 on Wednesday. The firm’s fifty day simple moving average is $132.58 and its 200-day simple moving average is $129.20. The stock has a market cap of $1.43 billion, a PE ratio of 40.15 and a beta of 1.12. Invesco Large Cap Growth ETF has a fifty-two week low of $82.22 and a fifty-two week high of $138.48.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its stake in shares of Invesco Large Cap Growth ETF by 25.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 126,772 shares of the company’s stock worth $12,175,000 after acquiring an additional 26,094 shares in the last quarter. Jane Street Group LLC acquired a new position in Invesco Large Cap Growth ETF during the first quarter worth $319,000. Creative Planning boosted its position in Invesco Large Cap Growth ETF by 2.5% during the second quarter. Creative Planning now owns 7,445 shares of the company’s stock worth $874,000 after purchasing an additional 185 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Invesco Large Cap Growth ETF by 72.6% during the second quarter. JPMorgan Chase & Co. now owns 2,321 shares of the company’s stock worth $273,000 after purchasing an additional 976 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in Invesco Large Cap Growth ETF by 1.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 10,425 shares of the company’s stock valued at $1,224,000 after purchasing an additional 100 shares during the last quarter.

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.