Invesco Large Cap Value ETF (NYSEARCA:PWV) Short Interest Up 91.1% in April

Invesco Large Cap Value ETF (NYSEARCA:PWV) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 65,466 shares, a growth of 91.1% from the March 31st total of 34,264 shares. Based on an average trading volume of 70,222 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Alpha Cubed Investments LLC lifted its stake in shares of Invesco Large Cap Value ETF by 3.1% in the 4th quarter. Alpha Cubed Investments LLC now owns 5,167 shares of the company’s stock valued at $344,000 after acquiring an additional 156 shares during the last quarter. Cornerstone Wealth Management LLC increased its holdings in Invesco Large Cap Value ETF by 1.8% in the third quarter. Cornerstone Wealth Management LLC now owns 10,998 shares of the company’s stock valued at $717,000 after purchasing an additional 190 shares during the period. RDA Financial Network increased its holdings in Invesco Large Cap Value ETF by 3.0% in the fourth quarter. RDA Financial Network now owns 6,800 shares of the company’s stock valued at $452,000 after purchasing an additional 200 shares during the period. Horizon Family Wealth Inc. increased its holdings in Invesco Large Cap Value ETF by 0.4% in the fourth quarter. Horizon Family Wealth Inc. now owns 52,109 shares of the company’s stock valued at $3,466,000 after purchasing an additional 213 shares during the period. Finally, Stonebridge Wealth Management LLC increased its holdings in Invesco Large Cap Value ETF by 4.0% in the first quarter. Stonebridge Wealth Management LLC now owns 7,364 shares of the company’s stock valued at $513,000 after purchasing an additional 286 shares during the period.

Invesco Large Cap Value ETF Stock Performance

Shares of PWV opened at $71.88 on Monday. Invesco Large Cap Value ETF has a 52 week low of $56.32 and a 52 week high of $72.58. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 16.47 and a beta of 0.74. The stock has a fifty day moving average of $70.24 and a 200-day moving average of $67.89.

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. 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.