Invesco Large Cap Value ETF $PWV Stake Cut by IAG Wealth Partners LLC

IAG Wealth Partners LLC trimmed its holdings in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 317,926 shares of the company’s stock after selling 12,135 shares during the period. Invesco Large Cap Value ETF comprises 2.3% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 16th biggest holding. IAG Wealth Partners LLC owned approximately 1.36% of Invesco Large Cap Value ETF worth $24,258,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of PWV. Fifth Third Bancorp raised its position in Invesco Large Cap Value ETF by 7.0% in the third quarter. Fifth Third Bancorp now owns 14,083 shares of the company’s stock worth $1,075,000 after acquiring an additional 921 shares in the last quarter. Capstone Wealth Management Group LLC boosted its position in shares of Invesco Large Cap Value ETF by 0.8% during the 3rd quarter. Capstone Wealth Management Group LLC now owns 63,837 shares of the company’s stock worth $4,871,000 after purchasing an additional 479 shares in the last quarter. Lido Advisors LLC purchased a new stake in shares of Invesco Large Cap Value ETF during the 3rd quarter worth $855,000. M Holdings Securities Inc. acquired a new position in shares of Invesco Large Cap Value ETF during the 3rd quarter worth $281,000. Finally, Kestra Advisory Services LLC grew its stake in shares of Invesco Large Cap Value ETF by 18.3% during the 3rd quarter. Kestra Advisory Services LLC now owns 190,448 shares of the company’s stock worth $14,531,000 after purchasing an additional 29,425 shares during the period.

Invesco Large Cap Value ETF Stock Down 0.1%

Shares of PWV opened at $80.36 on Friday. The company has a 50-day simple moving average of $79.35 and a 200-day simple moving average of $75.58. The company has a market capitalization of $1.87 billion, a PE ratio of 14.26 and a beta of 0.71. Invesco Large Cap Value ETF has a 52-week low of $64.76 and a 52-week high of $83.41.

Invesco Large Cap Value ETF Profile

PowerShares Dynamic Large Cap Value Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Large Cap Value Intellidex Index (the Index). The Index is designed to provide capital appreciation, while maintaining consistent stylistically accurate exposure. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund generally will invest at least 80% of its total assets in common stocks of large-capitalization companies.