Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sets New 12-Month High – Here’s Why

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $149.77 and last traded at $149.31, with a volume of 117761 shares traded. The stock had previously closed at $147.44.

Invesco Large Cap Growth ETF Stock Up 1.3%

The company has a market cap of $1.95 billion, a PE ratio of 40.15 and a beta of 1.22. The stock has a 50-day moving average of $134.97 and a 200-day moving average of $131.51.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. MidFirst Bank purchased a new stake in shares of Invesco Large Cap Growth ETF in the fourth quarter worth $31,000. Fortitude Family Office LLC purchased a new stake in shares of Invesco Large Cap Growth ETF in the fourth quarter worth $40,000. CX Institutional purchased a new stake in shares of Invesco Large Cap Growth ETF in the third quarter worth $44,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Invesco Large Cap Growth ETF in the third quarter worth $45,000. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in shares of Invesco Large Cap Growth ETF in the third quarter worth $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.