EverSource Wealth Advisors LLC Has $95,000 Stock Position in Invesco Large Cap Value ETF (NYSEARCA:PWV)

EverSource Wealth Advisors LLC raised its stake in Invesco Large Cap Value ETF (NYSEARCA:PWV) by 35.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,753 shares of the company’s stock after buying an additional 458 shares during the period. EverSource Wealth Advisors LLC’s holdings in Invesco Large Cap Value ETF were worth $95,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC bought a new position in shares of Invesco Large Cap Value ETF during the fourth quarter valued at $34,000. Criterion Capital Advisors LLC bought a new position in Invesco Large Cap Value ETF during the fourth quarter worth $160,000. LexAurum Advisors LLC bought a new position in Invesco Large Cap Value ETF during the first quarter worth $217,000. Grimes & Company Inc. bought a new position in Invesco Large Cap Value ETF during the first quarter worth $222,000. Finally, Cerity Partners LLC bought a new position in Invesco Large Cap Value ETF during the fourth quarter worth $232,000.

Invesco Large Cap Value ETF Price Performance

NYSEARCA PWV traded up $0.93 during mid-day trading on Tuesday, reaching $55.26. 12,572 shares of the stock were exchanged, compared to its average volume of 42,707. Invesco Large Cap Value ETF has a one year low of $43.93 and a one year high of $58.36. The stock has a 50 day simple moving average of $55.60 and a 200-day simple moving average of $54.73. The stock has a market cap of $893.00 million, a P/E 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.