Invesco Large Cap Growth ETF (NYSEARCA:PWB) Hits New 12-Month High – Still a Buy?

Invesco Large Cap Growth ETF (NYSEARCA:PWB) hit a new 52-week high on Friday . The company traded as high as $108.37 and last traded at $108.37, with a volume of 66664 shares trading hands. The stock had previously closed at $107.72.

Invesco Large Cap Growth ETF Price Performance

The business’s 50-day moving average price is $104.48 and its 200-day moving average price is $99.29. The firm has a market capitalization of $1.03 billion, a PE ratio of 36.77 and a beta of 1.12.

Institutional Investors Weigh In On Invesco Large Cap Growth ETF

Several hedge funds have recently modified their holdings of PWB. PFG Investments LLC purchased a new position in shares of Invesco Large Cap Growth ETF during the 4th quarter worth approximately $253,000. Sound Income Strategies LLC purchased a new position in Invesco Large Cap Growth ETF in the fourth quarter worth $46,000. Cornerstone Wealth Management LLC raised its position in Invesco Large Cap Growth ETF by 11.9% in the fourth 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. Janney Montgomery Scott LLC boosted its position in shares of Invesco Large Cap Growth ETF by 30.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 5,050 shares of the company’s stock worth $514,000 after purchasing an additional 1,167 shares in the last quarter. Finally, Evolution Wealth Advisors LLC acquired a new position in shares of Invesco Large Cap Growth ETF during the 4th quarter worth $509,000.

Invesco Large Cap Growth ETF Company Profile