Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 858 shares, a decrease of 38.0% from the August 15th total of 1,383 shares. Based on an average daily volume of 1,061 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are short sold.
Invesco Active U.S. Real Estate ETF Stock Performance
NYSEARCA:PSR traded up $0.43 during trading hours on Wednesday, reaching $100.64. The company’s stock had a trading volume of 1,245 shares, compared to its average volume of 2,199. The firm has a market capitalization of $8.05 million, a price-to-earnings ratio of 34.44 and a beta of 0.93. The firm has a 50-day simple moving average of $104.40 and a 200-day simple moving average of $101.38. Invesco Active U.S. Real Estate ETF has a 1 year low of $89.41 and a 1 year high of $108.78.
Institutional Investors Weigh In On Invesco Active U.S. Real Estate ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PSR. Cetera Investment Advisers lifted its holdings in Invesco Active U.S. Real Estate ETF by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock worth $5,373,000 after buying an additional 6,553 shares during the period. Royal Bank of Canada raised its holdings in shares of Invesco Active U.S. Real Estate ETF by 0.8% during the first quarter. Royal Bank of Canada now owns 12,892 shares of the company’s stock valued at $1,193,000 after acquiring an additional 102 shares in the last quarter. Montz Harcus Wealth Management LLC lifted its stake in Invesco Active U.S. Real Estate ETF by 9.3% in the second quarter. Montz Harcus Wealth Management LLC now owns 11,688 shares of the company’s stock worth $1,199,000 after acquiring an additional 990 shares during the period. Gateway Wealth Partners LLC boosted its holdings in Invesco Active U.S. Real Estate ETF by 106.4% in the first quarter. Gateway Wealth Partners LLC now owns 6,298 shares of the company’s stock valued at $583,000 after acquiring an additional 3,246 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in Invesco Active U.S. Real Estate ETF by 18.0% in the first quarter. Kestra Advisory Services LLC now owns 2,650 shares of the company’s stock valued at $245,000 after acquiring an additional 404 shares in the last quarter.
About Invesco Active U.S. Real Estate ETF
PowerShares U.S. Real Estate Fund (the Fund) seeks high total return by investing in securities of companies that are principally engaged in the United States Real Estate industry and included within the FTSE NAREIT All Equity REITs Index. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk.
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