Axxcess Wealth Management LLC Acquires 309,654 Shares of Invesco MSCI USA ETF (BATS:PBUS)

Axxcess Wealth Management LLC boosted its holdings in Invesco MSCI USA ETF (BATS:PBUS) by 1,928.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 325,715 shares of the company’s stock after acquiring an additional 309,654 shares during the period. Axxcess Wealth Management LLC owned 0.59% of Invesco MSCI USA ETF worth $15,543,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PBUS. Altus Wealth Group LLC bought a new stake in shares of Invesco MSCI USA ETF during the 4th quarter valued at $212,000. Kingsview Wealth Management LLC bought a new stake in shares of Invesco MSCI USA ETF in the third quarter worth $997,000. Capital Asset Advisory Services LLC raised its position in shares of Invesco MSCI USA ETF by 926.8% during the fourth quarter. Capital Asset Advisory Services LLC now owns 325,715 shares of the company’s stock worth $15,543,000 after acquiring an additional 293,995 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in Invesco MSCI USA ETF during the third quarter valued at $35,438,000.

Invesco MSCI USA ETF Stock Performance

Shares of BATS PBUS traded up $0.65 during trading on Friday, hitting $51.23. 5,403 shares of the company traded hands. The business’s fifty day moving average is $51.28 and its 200 day moving average is $48.25. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. Invesco MSCI USA ETF has a fifty-two week low of $24.94 and a fifty-two week high of $28.08.

Invesco MSCI USA ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.1687 per share. This is a positive change from Invesco MSCI USA ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, March 18th.

Invesco MSCI USA ETF Profile

The Invesco PureBeta MSCI USA ETF (PBUS) is an exchange-traded fund that is based on the MSCI USA index. The fund tracks a market-cap-selected and -weighted index of mid and large-cap US stocks. PBUS was launched on Sep 22, 2017 and is managed by Invesco.