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

Posted by Brian Himes on Feb 21st, 2025

Invesco Large Cap Growth ETF (NYSEARCA:PWB – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $111.12 and last traded at $110.71, with a volume of 34442 shares traded. The stock had previously closed at $110.65.

Invesco Large Cap Growth ETF Stock Performance

The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 36.77 and a beta of 1.12. The stock has a 50-day moving average of $105.86 and a 200-day moving average of $101.43.

Institutional Trading of Invesco Large Cap Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC grew its position in Invesco Large Cap Growth ETF by 7.3% in the fourth quarter. LPL Financial LLC now owns 861,653 shares of the company’s stock valued at $87,663,000 after purchasing an additional 58,412 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco Large Cap Growth ETF by 16.8% during the 4th quarter. Bank of America Corp DE now owns 437,783 shares of the company’s stock worth $44,539,000 after buying an additional 62,987 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco Large Cap Growth ETF in the 4th quarter valued at about $43,876,000. Commonwealth Equity Services LLC increased its position in shares of Invesco Large Cap Growth ETF by 1.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 105,589 shares of the company’s stock valued at $10,742,000 after acquiring an additional 1,347 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Invesco Large Cap Growth ETF in the fourth quarter valued at about $10,296,000.