Envestnet Asset Management Inc. Acquires 16,567 Shares of Invesco Large Cap Value ETF (NYSEARCA:PWV)

Envestnet Asset Management Inc. raised its holdings in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 184,958 shares of the company’s stock after buying an additional 16,567 shares during the quarter. Envestnet Asset Management Inc. owned about 1.14% of Invesco Large Cap Value ETF worth $10,520,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Wedmont Private Capital raised its position in shares of Invesco Large Cap Value ETF by 3.7% in the 4th quarter. Wedmont Private Capital now owns 6,223 shares of the company’s stock worth $352,000 after acquiring an additional 223 shares in the last quarter. Spire Wealth Management raised its holdings in Invesco Large Cap Value ETF by 0.9% in the fourth quarter. Spire Wealth Management now owns 33,106 shares of the company’s stock worth $1,883,000 after purchasing an additional 292 shares in the last quarter. Private Trust Co. NA purchased a new position in Invesco Large Cap Value ETF during the fourth quarter valued at $30,000. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco Large Cap Value ETF by 13.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 10,377 shares of the company’s stock valued at $590,000 after buying an additional 1,238 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Invesco Large Cap Value ETF in the 4th quarter worth about $216,000.

Invesco Large Cap Value ETF Price Performance

Shares of NYSEARCA PWV opened at $55.23 on Friday. The stock has a market cap of $967.08 million, a P/E ratio of 15.99 and a beta of 0.80. Invesco Large Cap Value ETF has a 1 year low of $50.82 and a 1 year high of $62.00. The firm has a 50-day moving average of $58.20 and a 200 day moving average of $58.74.

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.