Envestnet Asset Management Inc. Boosts Holdings in Invesco Large Cap Value ETF $PWV

Envestnet Asset Management Inc. boosted its stake in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 4.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 201,960 shares of the company’s stock after purchasing an additional 7,809 shares during the period. Envestnet Asset Management Inc. owned about 1.08% of Invesco Large Cap Value ETF worth $13,170,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC bought a new stake in shares of Invesco Large Cap Value ETF during the 1st quarter valued at $723,000. Private Trust Co. NA grew its position in Invesco Large Cap Value ETF by 262.2% in the 2nd quarter. Private Trust Co. NA now owns 3,263 shares of the company’s stock worth $203,000 after purchasing an additional 2,362 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in Invesco Large Cap Value ETF by 1.1% in the second quarter. Cullen Frost Bankers Inc. now owns 151,182 shares of the company’s stock valued at $9,394,000 after acquiring an additional 1,640 shares during the period. Alpha Financial Advisors LLC purchased a new position in Invesco Large Cap Value ETF in the second quarter worth about $212,000. Finally, Alpha Cubed Investments LLC boosted its position in Invesco Large Cap Value ETF by 18.5% in the second quarter. Alpha Cubed Investments LLC now owns 5,371 shares of the company’s stock worth $334,000 after purchasing an additional 838 shares during the last quarter.

Invesco Large Cap Value ETF Trading Up 0.8%

PWV opened at $70.21 on Tuesday. Invesco Large Cap Value ETF has a 1-year low of $50.82 and a 1-year high of $70.69. The firm’s 50 day simple moving average is $67.76 and its two-hundred day simple moving average is $65.75. The company has a market capitalization of $1.36 billion, a PE ratio of 16.47 and a beta of 0.81.

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. 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.