Short Interest in Invesco Large Cap Growth ETF (NYSEARCA:PWB) Grows By 19.8%

Invesco Large Cap Growth ETF (NYSEARCA:PWB) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 137,537 shares, a growth of 19.8% from the February 26th total of 114,781 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average daily volume of 83,780 shares, the short-interest ratio is currently 1.6 days.

Invesco Large Cap Growth ETF Stock Performance

Shares of PWB stock opened at $128.00 on Thursday. The stock has a fifty day simple moving average of $132.47 and a two-hundred day simple moving average of $129.19. The firm has a market capitalization of $1.45 billion, a PE ratio of 40.15 and a beta of 1.12. Invesco Large Cap Growth ETF has a 52-week low of $82.22 and a 52-week high of $138.48.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

Several hedge funds have recently modified their holdings of PWB. Equitable Holdings Inc. boosted its holdings in shares of Invesco Large Cap Growth ETF by 0.3% during the 4th quarter. Equitable Holdings Inc. now owns 29,098 shares of the company’s stock valued at $3,699,000 after purchasing an additional 77 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Invesco Large Cap Growth ETF by 1.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 10,425 shares of the company’s stock valued at $1,224,000 after buying an additional 100 shares during the last quarter. Keybank National Association OH grew its holdings in Invesco Large Cap Growth ETF by 1.0% during the 4th quarter. Keybank National Association OH now owns 10,034 shares of the company’s stock valued at $1,275,000 after buying an additional 104 shares in the last quarter. Forge Financial Services LLC grew its holdings in Invesco Large Cap Growth ETF by 0.3% during the 4th quarter. Forge Financial Services LLC now owns 39,519 shares of the company’s stock valued at $5,024,000 after buying an additional 126 shares in the last quarter. Finally, National Wealth Management Group LLC increased its stake in Invesco Large Cap Growth ETF by 4.3% in the 4th quarter. National Wealth Management Group LLC now owns 3,384 shares of the company’s stock worth $430,000 after acquiring an additional 138 shares during the last quarter.

About Invesco Large Cap Growth ETF

The Invesco Dynamic Large Cap Growth ETF (PWB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses a multifactor selection methodology to select large-cap stocks with growth characteristics. PWB was launched on Mar 3, 2005 and is managed by Invesco.