Cary Street Partners Financial LLC Makes New Investment in Invesco Large Cap Value ETF $PWV

Cary Street Partners Financial LLC purchased a new position in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 31,650 shares of the company’s stock, valued at approximately $2,105,000. Cary Street Partners Financial LLC owned about 0.16% of Invesco Large Cap Value ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PWV. AQR Capital Management LLC acquired a new stake in Invesco Large Cap Value ETF during the first quarter worth about $723,000. JPMorgan Chase & Co. increased its stake in Invesco Large Cap Value ETF by 49.8% during the second quarter. JPMorgan Chase & Co. now owns 44,544 shares of the company’s stock worth $2,768,000 after acquiring an additional 14,799 shares during the last quarter. Raymond James Financial Inc. increased its stake in Invesco Large Cap Value ETF by 0.5% during the second quarter. Raymond James Financial Inc. now owns 263,460 shares of the company’s stock worth $16,371,000 after acquiring an additional 1,190 shares during the last quarter. Florida Financial Advisors LLC acquired a new stake in Invesco Large Cap Value ETF during the second quarter worth about $208,000. Finally, Bank of America Corp DE increased its stake in Invesco Large Cap Value ETF by 20.9% during the second quarter. Bank of America Corp DE now owns 774,088 shares of the company’s stock worth $48,102,000 after acquiring an additional 134,052 shares during the last quarter.

Invesco Large Cap Value ETF Price Performance

Shares of NYSEARCA:PWV opened at $73.97 on Thursday. The firm has a market capitalization of $1.48 billion, a PE ratio of 16.47 and a beta of 0.73. The business has a 50-day moving average of $71.55 and a two-hundred day moving average of $69.16. Invesco Large Cap Value ETF has a 12 month low of $59.28 and a 12 month high of $74.77.

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.