Invesco Large Cap Growth ETF (NYSEARCA:PWB) hit a new 52-week high on Friday, reaching $95.28. The stock closed at $94.78 with a trading volume of 722 shares. The company’s 50-day moving average is $89.98 and its 200-day moving average is $86.20. With a market cap of $899.21 million, a PE ratio of 36.77, and a beta of 1.12, Invesco Large Cap Growth ETF has shown strong performance.
In terms of institutional inflows and outflows, hedge funds have been making moves with Invesco Large Cap Growth ETF. Atria Wealth Solutions Inc. increased its stake by 2.6% in the fourth quarter, while Koshinski Asset Management Inc. saw a 91.6% boost in its stake during the same period. Apollon Wealth Management LLC entered a new position in the fourth quarter, and Geneos Wealth Management Inc. and Global Retirement Partners LLC also increased their stakes in the company.
Overall, Invesco Large Cap Growth ETF has garnered attention from institutional investors, showcasing potential for growth in the market. DailyBubble sees this as a positive sign for the ETF’s future performance and believes that it could continue to see upward momentum.