Stonebridge Financial Group LLC Invests $6.21 Million in Invesco Large Cap Value ETF (NYSEARCA:PWV)

Stonebridge Financial Group LLC purchased a new stake in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 109,170 shares of the company’s stock, valued at approximately $6,209,000.

Several other hedge funds also recently made changes to their positions in the company. Eastern Bank purchased a new position in Invesco Large Cap Value ETF during the third quarter valued at $100,000. Glenmede Trust Co. NA increased its stake in shares of Invesco Large Cap Value ETF by 237.2% in the 3rd quarter. Glenmede Trust Co. NA now owns 1,848 shares of the company’s stock worth $108,000 after acquiring an additional 1,300 shares in the last quarter. Mason & Associates Inc purchased a new position in Invesco Large Cap Value ETF during the 3rd quarter valued at about $202,000. Stephens Inc. AR bought a new stake in Invesco Large Cap Value ETF during the third quarter worth about $205,000. Finally, Concurrent Investment Advisors LLC bought a new stake in Invesco Large Cap Value ETF during the third quarter worth about $213,000.

Invesco Large Cap Value ETF Stock Performance

Shares of NYSEARCA PWV opened at $59.79 on Tuesday. The company has a 50 day simple moving average of $58.51 and a two-hundred day simple moving average of $58.41. Invesco Large Cap Value ETF has a fifty-two week low of $51.12 and a fifty-two week high of $62.00. The company has a market capitalization of $966.21 million, a price-to-earnings ratio of 17.51 and a beta of 0.69.

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.