Geneos Wealth Management Inc. recently increased its stake in Invesco Large Cap Growth ETF (NYSEARCA:PWB) by 4.4% during the first quarter, adding 646 shares to its portfolio. This move brought their total ownership to 15,382 shares, valued at $1,373,000. Other institutional investors have also made changes to their holdings of PWB, with notable increases from Global Retirement Partners LLC and new stakes taken by various firms in different quarters.
As of Friday, shares of Invesco Large Cap Growth ETF were trading at $95.21, showing a 1.3% decrease. The stock has a 50-day moving average price of $91.83 and a two-hundred day moving average price of $87.30. With a market cap of $906.40 million, a PE ratio of 36.77, and a beta of 1.12, Invesco Large Cap Growth ETF has seen a 52-week low of $65.31 and a high of $96.64.
In DailyBubble’s opinion, the recent changes in ownership and trading trends of Invesco Large Cap Growth ETF highlight the dynamic nature of the market and the strategic decisions made by institutional investors. Keep an eye on this ETF for potential opportunities in the ever-evolving financial landscape.