Envestnet Asset Management Inc. Purchases 7,674 Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV)

Envestnet Asset Management Inc. lifted its position in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 5.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 146,364 shares of the company’s stock after buying an additional 7,674 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco Large Cap Value ETF were worth $8,056,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PWV. ORG Partners LLC bought a new stake in shares of Invesco Large Cap Value ETF in the second quarter worth about $44,000. EverSource Wealth Advisors LLC grew its position in shares of Invesco Large Cap Value ETF by 35.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,753 shares of the company’s stock valued at $95,000 after purchasing an additional 458 shares during the period. LexAurum Advisors LLC bought a new stake in Invesco Large Cap Value ETF during the 1st quarter worth approximately $217,000. Grimes & Company Inc. acquired a new stake in Invesco Large Cap Value ETF during the 1st quarter worth approximately $222,000. Finally, Advisor Resource Council bought a new position in Invesco Large Cap Value ETF in the first quarter valued at approximately $238,000.

Invesco Large Cap Value ETF Stock Up 0.5 %

Shares of PWV stock opened at $58.19 on Friday. The company has a market capitalization of $940.35 million, a price-to-earnings ratio of 17.51 and a beta of 0.69. Invesco Large Cap Value ETF has a 12-month low of $43.93 and a 12-month high of $59.05. The firm has a fifty day moving average of $57.18 and a 200-day moving average of $56.00.

Invesco Large Cap Value ETF Company 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.