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

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) reached a new 52-week high during trading on Thursday . The stock traded as high as $146.58 and last traded at $146.47, with a volume of 87826 shares traded. The stock had previously closed at $144.51.

Invesco Large Cap Growth ETF Trading Up 1.4%

The stock has a market capitalization of $1.91 billion, a PE ratio of 40.15 and a beta of 1.18. The company’s 50 day simple moving average is $134.69 and its 200 day simple moving average is $131.28.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

A number of hedge funds have recently made changes to their positions in PWB. MidFirst Bank acquired a new position in shares of Invesco Large Cap Growth ETF in the 4th quarter valued at $31,000. Fortitude Family Office LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 4th quarter valued at $40,000. CX Institutional acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $44,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $45,000. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $60,000.

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.