LPL Financial LLC Has $59.84 Million Position in Invesco Large Cap Value ETF (NYSEARCA:PWV)

LPL Financial LLC lessened its holdings in shares of Invesco Large Cap Value ETF (NYSEARCA:PWV) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,052,031 shares of the company’s stock after selling 76,757 shares during the period. LPL Financial LLC owned approximately 0.07% of Invesco Large Cap Value ETF worth $59,835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. PNC Financial Services Group Inc. raised its holdings in Invesco Large Cap Value ETF by 1.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 543,778 shares of the company’s stock worth $30,928,000 after buying an additional 8,163 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of Invesco Large Cap Value ETF by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 434,432 shares of the company’s stock worth $24,709,000 after acquiring an additional 12,971 shares during the period. Atlas Private Wealth Advisors lifted its position in Invesco Large Cap Value ETF by 17.1% in the 4th quarter. Atlas Private Wealth Advisors now owns 277,302 shares of the company’s stock valued at $15,774,000 after acquiring an additional 40,436 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Invesco Large Cap Value ETF in the 4th quarter worth $14,691,000. Finally, Rockefeller Capital Management L.P. boosted its stake in Invesco Large Cap Value ETF by 0.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 147,381 shares of the company’s stock worth $8,595,000 after purchasing an additional 683 shares during the period.

Invesco Large Cap Value ETF Price Performance

PWV opened at $59.97 on Thursday. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 18.09 and a beta of 0.86. The business’s 50-day moving average price is $59.66 and its two-hundred day moving average price is $59.03. Invesco Large Cap Value ETF has a 1 year low of $53.69 and a 1 year high of $62.00.

Invesco Large Cap Value ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a $0.409 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco Large Cap Value ETF’s previous dividend of $0.32.

Invesco Large Cap Value ETF Company Profile

PowerShares Dynamic Large Cap Value Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Large Cap Value Intellidex Index (the Index). The Index is designed to provide capital appreciation, while maintaining consistent stylistically accurate exposure.