PWB Stock Summary and Trading Ideas (Invesco Large Cap Growth ETF | ARCA:PWB)

The Invesco Large Cap Growth ETF (Fund) is based on the Dynamic Large Cap Growth Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Invesco Large Cap Growth ETF trades on the ARCA stock market under the symbol PWB.

As of April 25, 2024, PWB stock price declined to $84.65 with 17,482 million shares trading.

PWB has a beta of 1.14, meaning it tends to be more sensitive to market movements. PWB has a correlation of 0.79 to the broad based SPY ETF.

PWB has a market cap of $801.64 million. This is considered a Small Cap stock.

In the last 3 years, PWB stock traded as high as $90.92 and as low as $54.90.

PWB has outperformed the market in the last year with a return of +29.6%, while the SPY ETF gained +23.3%. However, in the most recent history, PWB shares have underperformed the stock market with its stock returning +3.5% in the last 3 month period and -4.3% for the last 2 week period, while SPY has returned +3.7% and -2.4%, respectively.

PWB support price is $84.49 and resistance is $86.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PWB stock will trade within this expected range on the day.