Invesco Large Cap Growth ETF (NYSEARCA:PWB) Sees Unusually-High Trading Volume – Should You Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWB) saw unusually-strong trading volume on Thursday . Approximately 64,401 shares traded hands during mid-day trading, an increase of 288% from the previous session’s volume of 16,582 shares.The stock last traded at $108.21 and had previously closed at $107.72.

Invesco Large Cap Growth ETF Trading Down 0.2 %

The company’s fifty day simple moving average is $104.60 and its 200 day simple moving average is $99.37. The stock has a market capitalization of $1.03 billion, a P/E ratio of 36.77 and a beta of 1.12.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Elevation Capital Advisory LLC bought a new position in shares of Invesco Large Cap Growth ETF during the 2nd quarter valued at about $9,251,000. Silver Oak Securities Incorporated raised its stake in shares of Invesco Large Cap Growth ETF by 336.2% during the third quarter. Silver Oak Securities Incorporated now owns 12,047 shares of the company’s stock worth $1,186,000 after acquiring an additional 9,285 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of Invesco Large Cap Growth ETF by 11.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 71,611 shares of the company’s stock valued at $7,286,000 after purchasing an additional 7,624 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of Invesco Large Cap Growth ETF in the 3rd quarter valued at $646,000. Finally, Concurrent Investment Advisors LLC purchased a new position in Invesco Large Cap Growth ETF in the 3rd quarter worth $619,000.

Invesco Large Cap Growth ETF Company Profile