PWV - Invesco Large Cap Value ETF

The Invesco Large Cap Value ETF (PWV) seeks to replicate the performance of the Dynamic Large Cap Value Intellidex Index. This fund typically commits at least 90% of its total assets to the common stocks comprising its underlying index. The Index is specifically designed to achieve capital appreciation while diligently maintaining a consistent and accurate investment style.

As of Jun 29, 2026: spot at $76.67, ATM IV 31.5%, net GEX $947.

Sector
Financial Services
Industry
Asset Management
Market Cap
$1.50B
Beta
0.69
52-Week Range
60.93-77.32
Dividend Yield
$1.32
IPO Date
Mar 3, 2005
Exchange
AMEX

What PWV Looks Like to Options Traders Today

IV rank of 18.7% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($947) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.014) is roughly flat across the wings.

What This Page Covers

The PWV overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked PWV overview questions

What is PWV?
PWV is the ticker symbol for Invesco Large Cap Value ETF, an listed exchange-traded fund. The Invesco Large Cap Value ETF (PWV) seeks to replicate the performance of the Dynamic Large Cap Value Intellidex Index. This fund typically commits at least 90% of its total assets to the common stocks comprising its underlying index. Listed on AMEX. PWV is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the PWV options snapshot look like today?
As of Jun 29, 2026, the PWV options snapshot shows spot at $76.67, ATM IV 31.5%, IV rank 18.7%, net GEX $947, expected move 9.03%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are PWV's key statistics?
Invesco Large Cap Value ETF (PWV) carries a market capitalization of $1.50B, 52-week range of 60.93-77.32. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does PWV belong to?
Invesco Large Cap Value ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PWV's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the PWV data on this page?
The options snapshot above is dated Jun 29, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.