PWV Stock Summary and Trading Ideas (Invesco Large Cap Value ETF | ARCA:PWV)

The Invesco Large Cap Value ETF (Fund) is based on the Dynamic Large Cap Value Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed 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 Value ETF trades on the ARCA stock market under the symbol PWV.

As of May 13, 2024, PWV stock price declined to $55.78 with 20,856 million shares trading.

PWV has a beta of 0.76, meaning it tends to be less sensitive to market movements. PWV has a correlation of 0.51 to the broad based SPY ETF.

PWV has a market cap of $901.40 million. This is considered a Small Cap stock.

In the last 3 years, PWV stock traded as high as $57.22 and as low as $41.53.

PWV has underperformed the market in the last year with a price return of +27.2% while the SPY ETF gained +27.8%. However, in the short term, PWV had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.3% vs +4.3% return in SPY. But in the last 2 weeks, PWV shares have been beat by the market, returning +1.3% compared to an SPY return of +2.5%.

PWV support price is $55.44 and resistance is $56.32 (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 PWV stock will trade within this expected range on the day.