Invesco MSCI USA ETF (BATS:PBUS) Sets New 1-Year High at $53.55

Shares of Invesco MSCI USA ETF (BATS:PBUS) reached a new 52-week high on Monday . The company traded as high as $53.55 and last traded at $53.24, with a volume of 146973 shares changing hands. The stock had previously closed at $53.31.

Invesco MSCI USA ETF Price Performance

The firm has a 50-day simple moving average of $54.46 and a 200-day simple moving average of $52.41. The firm has a market capitalization of $4.88 billion, a PE ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.1743 dividend. This is an increase from Invesco MSCI USA ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, June 24th.

Institutional Trading of Invesco MSCI USA ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBUS. Axxcess Wealth Management LLC grew its position in shares of Invesco MSCI USA ETF by 1,928.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 325,715 shares of the company’s stock valued at $15,543,000 after acquiring an additional 309,654 shares during the period. Metis Global Partners LLC grew its holdings in Invesco MSCI USA ETF by 8,384.6% during the fourth quarter. Metis Global Partners LLC now owns 858,639 shares of the company’s stock valued at $40,974,000 after purchasing an additional 848,519 shares during the period. National Pension Service increased its position in Invesco MSCI USA ETF by 15.8% in the fourth quarter. National Pension Service now owns 72,007,721 shares of the company’s stock worth $3,436,208,000 after buying an additional 9,814,038 shares in the last quarter. Capital Asset Advisory Services LLC increased its position in Invesco MSCI USA ETF by 7.3% in the first quarter. Capital Asset Advisory Services LLC now owns 349,513 shares of the company’s stock worth $18,157,000 after buying an additional 23,798 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in shares of Invesco MSCI USA ETF by 18.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 603,649 shares of the company’s stock worth $31,643,000 after buying an additional 95,651 shares during the period.

About Invesco MSCI USA ETF

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.