Invesco Large Cap Growth ETF (NYSEARCA:PWB) Reaches New 1-Year High – Should You Buy?

Shares of Invesco Large Cap Growth ETF (NYSEARCA:PWBGet Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $108.37 and last traded at $108.37, with a volume of 66664 shares changing hands. The stock had previously closed at $107.72.

Invesco Large Cap Growth ETF Price Performance

The firm’s fifty day moving average is $104.60 and its 200-day moving average is $99.39. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 36.77 and a beta of 1.12.

Hedge Funds Weigh In On Invesco Large Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in PWB. Capital Investment Counsel LLC lifted its position in shares of Invesco Large Cap Growth ETF by 1.9% in the 3rd quarter. Capital Investment Counsel LLC now owns 99,106 shares of the company’s stock worth $9,780,000 after purchasing an additional 1,887 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Invesco Large Cap Growth ETF by 2.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,065 shares of the company’s stock worth $9,357,000 after purchasing an additional 2,665 shares during the period. Elevation Capital Advisory LLC bought a new position in shares of Invesco Large Cap Growth ETF in the 2nd quarter worth about $9,251,000. Regal Investment Advisors LLC increased its stake in shares of Invesco Large Cap Growth ETF by 4.8% in the 2nd quarter. Regal Investment Advisors LLC now owns 73,918 shares of the company’s stock worth $6,982,000 after acquiring an additional 3,392 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in shares of Invesco Large Cap Growth ETF by 11.9% in the 4th quarter. Cornerstone Wealth Management LLC now owns 71,611 shares of the company’s stock worth $7,286,000 after acquiring an additional 7,624 shares in the last quarter.

About Invesco Large Cap Growth ETF

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