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Invesco Large Cap Value ETF

PWV·NYSE
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Key Stats

Assets Under Management
1.41BUSD
Fund Flow (1Y)
148.09MUSD
Dividend Yield
1.88%
Discount / Premium to NAV
-0.01%
Shares Outstanding
19.75M
Expense Ratio
0.55%

About Invesco Large Cap Value ETF

Issuer
Invesco Capital Management LLC
Brand
Invesco
Inception Date
Mar 3, 2005
Structure
Open-Ended Fund
Index Tracked
Dynamic Large Cap Value Intellidex Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PWV's quant-based take on the US large-cap value space tries to outperform the market. The proprietary selection methodology uses 10-factors that attempts to screen for companies with the greatest capital appreciation potential. The factors goes into a systematic isolation process to segregate companies into their appropriate investment style. Its tiered weighting scheme allocates 50% of the fund's assets equally to the 15 largest companies by market cap and the other 50% equally to the remaining 35 holdings. The resulting portfolio maintains a tight, concentrated focus on large-caps and ignores midcaps. PWV's methodology means that sector biases are present and may change over time. The Index is rebalanced and reconstituted quarterly starting each February. Prior to August 28, 2023, the ETF's name was Invesco Dynamic Large Cap Value ETF.

Classification

Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Value
Strategy
Value
Geography
U.S.
Weighting Scheme
Tiered
Selection Criteria
Multi-factor

Analysis

Sector

Financial Services

35.89%

Energy

15.34%

Healthcare

13.99%

Communication Services

7.69%

Utilities

7.13%

Consumer Defensive

5.87%

Consumer Cyclical

4.05%

Industrials

3.92%

Technology

3.45%

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Asset

Holdings

Symbol

Ratio

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C

Citigroup
3.71%
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UNH

UnitedHealth Group
3.67%
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CSCO

Cisco Systems
3.54%
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XOM

Exxon Mobil
3.44%
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MS

Morgan Stanley
3.43%

Symbol

Ratio

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CVX

Chevron
3.42%
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JPM

Jpmorgan Chase
3.42%
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BAC

Bank Of America
3.38%
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GS

Goldman Sachs
3.30%
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WFC

Wells Fargo
3.29%

Top 10 Weight 34.6%

52 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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