Fifth Third Bancorp Raises Stock Holdings in Invesco Large Cap Value ETF $PWV

Fifth Third Bancorp boosted its position in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 2,457.7% in the first quarter, Holdings Channel.com reports. The firm owned 13,249 shares of the company’s stock after buying an additional 12,731 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco Large Cap Value ETF were worth $924,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco Large Cap Value ETF by 55,132.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,719,847 shares of the company’s stock worth $912,644,000 after buying an additional 13,695,007 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Invesco Large Cap Value ETF by 955.2% in the 4th quarter. Farther Finance Advisors LLC now owns 43,570 shares of the company’s stock worth $2,898,000 after acquiring an additional 39,441 shares in the last quarter. IAG Wealth Partners LLC lifted its position in Invesco Large Cap Value ETF by 2.2% during the 4th quarter. IAG Wealth Partners LLC now owns 323,838 shares of the company’s stock valued at $21,542,000 after acquiring an additional 6,905 shares during the period. Cary Street Partners Financial LLC purchased a new position in Invesco Large Cap Value ETF during the 4th quarter valued at about $2,105,000. Finally, Atlas Private Wealth Advisors boosted its stake in Invesco Large Cap Value ETF by 5.8% during the fourth quarter. Atlas Private Wealth Advisors now owns 233,148 shares of the company’s stock worth $15,509,000 after acquiring an additional 12,867 shares in the last quarter.

Invesco Large Cap Value ETF Stock Performance

Shares of PWV opened at $79.98 on Monday. The stock has a market cap of $1.68 billion, a PE ratio of 16.47 and a beta of 0.71. Invesco Large Cap Value ETF has a fifty-two week low of $60.92 and a fifty-two week high of $80.14. The firm’s 50-day simple moving average is $76.28 and its two-hundred day simple moving average is $72.21.

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. 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.