Concurrent Investment Advisors LLC Makes New $213,000 Investment in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Concurrent Investment Advisors LLC bought a new stake in Invesco Large Cap Value ETF (NYSEARCA:PWV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,655 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors also recently made changes to their positions in PWV. LPL Financial LLC grew its holdings in shares of Invesco Large Cap Value ETF by 11.6% in the 2nd quarter. LPL Financial LLC now owns 1,083,031 shares of the company’s stock worth $59,610,000 after acquiring an additional 112,667 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Invesco Large Cap Value ETF by 377.7% in the second quarter. Commonwealth Equity Services LLC now owns 367,359 shares of the company’s stock valued at $20,219,000 after buying an additional 290,464 shares in the last quarter. Atlas Private Wealth Advisors raised its stake in shares of Invesco Large Cap Value ETF by 84.2% during the 2nd quarter. Atlas Private Wealth Advisors now owns 326,168 shares of the company’s stock worth $17,953,000 after buying an additional 149,097 shares during the last quarter. IAG Wealth Partners LLC boosted its position in shares of Invesco Large Cap Value ETF by 1.9% in the 3rd quarter. IAG Wealth Partners LLC now owns 302,601 shares of the company’s stock worth $17,648,000 after buying an additional 5,763 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco Large Cap Value ETF by 17.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 210,107 shares of the company’s stock worth $11,564,000 after buying an additional 31,884 shares in the last quarter.

Invesco Large Cap Value ETF Price Performance

Shares of PWV opened at $60.63 on Tuesday. Invesco Large Cap Value ETF has a 1-year low of $46.14 and a 1-year high of $60.89. The firm has a 50 day simple moving average of $58.44 and a 200-day simple moving average of $56.75. The stock has a market cap of $979.74 million, a price-to-earnings ratio of 17.51 and a beta of 0.69.

About Invesco Large Cap Value ETF

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.