Invesco Large Cap Growth ETF (NYSEARCA:PWB) Hits New 52-Week High – Still a Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWB) reached a new 52-week high on Tuesday . The stock traded as high as $157.58 and last traded at $157.58, with a volume of 1865 shares changing hands. The stock had previously closed at $154.71.

Invesco Large Cap Growth ETF Stock Performance

The company has a 50-day moving average of $141.68 and a 200 day moving average of $134.40. The firm has a market cap of $2.07 billion, a P/E ratio of 40.15 and a beta of 1.22.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Several institutional investors have recently modified their holdings of the business. MidFirst Bank acquired a new position in Invesco Large Cap Growth ETF in the fourth quarter valued at approximately $31,000. Fortitude Family Office LLC acquired a new stake in Invesco Large Cap Growth ETF during the 4th quarter worth $40,000. Beaird Harris Wealth Management LLC bought a new stake in shares of Invesco Large Cap Growth ETF during the 3rd quarter valued at $45,000. Sunbelt Securities Inc. acquired a new position in shares of Invesco Large Cap Growth ETF in the 1st quarter valued at $53,000. Finally, Assetmark Inc. lifted its stake in shares of 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 purchasing an additional 486 shares during the period.

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.