Metis Global Partners LLC Buys 2,107,183 Shares of Invesco MSCI USA ETF $PBUS

Metis Global Partners LLC raised its position in shares of Invesco MSCI USA ETF (BATS:PBUS) by 4,866.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,150,484 shares of the company’s stock after purchasing an additional 2,107,183 shares during the period. Invesco MSCI USA ETF accounts for about 3.4% of Metis Global Partners LLC’s investment portfolio, making the stock its 6th largest position. Metis Global Partners LLC’s holdings in Invesco MSCI USA ETF were worth $133,717,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Integrated Wealth Concepts LLC bought a new position in Invesco MSCI USA ETF during the first quarter valued at about $203,000. IFP Advisors Inc acquired a new position in Invesco MSCI USA ETF during the 2nd quarter worth $274,000. Kestra Private Wealth Services LLC bought a new stake in Invesco MSCI USA ETF during the first quarter valued at about $1,400,000. Altus Wealth Group LLC boosted its stake in Invesco MSCI USA ETF by 1.1% during the 2nd quarter. Altus Wealth Group LLC now owns 35,115 shares of the company’s stock valued at $2,183,000 after purchasing an additional 396 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Invesco MSCI USA ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 44,850 shares of the company’s stock worth $2,789,000 after acquiring an additional 2,259 shares during the last quarter.

Invesco MSCI USA ETF Stock Performance

BATS:PBUS opened at $67.40 on Friday. Invesco MSCI USA ETF has a 52-week low of $48.30 and a 52-week high of $63.88. The company has a market cap of $8.92 billion, a price-to-earnings ratio of 26.20 and a beta of 1.03. The firm’s 50-day moving average is $66.91 and its 200-day moving average is $63.06.

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.