Invesco MSCI USA ETF (BATS:PBUS) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. cut its holdings in shares of Invesco MSCI USA ETF (BATS:PBUS) by 43.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 354,300 shares of the company’s stock after selling 271,600 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco MSCI USA ETF were worth $20,950,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Altus Wealth Group LLC raised its position in shares of Invesco MSCI USA ETF by 45.9% in the 3rd quarter. Altus Wealth Group LLC now owns 5,878 shares of the company’s stock worth $337,000 after buying an additional 1,850 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Invesco MSCI USA ETF by 26,605.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,148 shares of the company’s stock valued at $582,000 after purchasing an additional 10,110 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Invesco MSCI USA ETF during the 3rd quarter worth about $660,000. MML Investors Services LLC grew its holdings in shares of Invesco MSCI USA ETF by 11.5% during the 3rd quarter. MML Investors Services LLC now owns 56,090 shares of the company’s stock worth $3,220,000 after purchasing an additional 5,797 shares during the period. Finally, Private Advisor Group LLC increased its position in Invesco MSCI USA ETF by 5.7% during the 3rd quarter. Private Advisor Group LLC now owns 183,301 shares of the company’s stock worth $10,521,000 after purchasing an additional 9,937 shares in the last quarter.

Invesco MSCI USA ETF Stock Up 3.9 %

Shares of PBUS stock opened at $60.83 on Thursday. Invesco MSCI USA ETF has a fifty-two week low of $24.94 and a fifty-two week high of $28.08. The firm’s 50 day moving average price is $60.15 and its two-hundred day moving average price is $57.90. The stock has a market cap of $5.45 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.1871 per share. This is a positive change from Invesco MSCI USA ETF’s previous dividend of $0.17. The ex-dividend date was Monday, December 23rd.

Invesco MSCI USA ETF Company 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.