Eastern Bank Takes Position in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Eastern Bank bought a new stake in Invesco Large Cap Value ETF (NYSEARCA:PWV) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 1,710 shares of the company’s stock, valued at approximately $100,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC purchased a new position in Invesco Large Cap Value ETF during the second quarter worth approximately $44,000. EverSource Wealth Advisors LLC lifted its position in Invesco Large Cap Value ETF by 35.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock worth $95,000 after buying an additional 458 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new position in Invesco Large Cap Value ETF during the second quarter worth approximately $203,000. Grimes & Company Inc. purchased a new position in Invesco Large Cap Value ETF during the first quarter worth approximately $222,000. Finally, Advisor Resource Council purchased a new position in Invesco Large Cap Value ETF during the first quarter worth approximately $238,000.

Invesco Large Cap Value ETF Stock Performance

Shares of Invesco Large Cap Value ETF stock opened at $58.49 on Friday. Invesco Large Cap Value ETF has a one year low of $43.93 and a one year high of $60.00. The company has a market cap of $945.20 million, a price-to-earnings ratio of 17.51 and a beta of 0.69. The business’s 50 day moving average price is $58.26 and its 200 day moving average price is $56.46.

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.