Invesco MSCI USA ETF (BATS:PBUS) Sets New 1-Year High at $50.09

Invesco MSCI USA ETF (BATS:PBUS)’s stock price reached a new 52-week high on Monday . The company traded as high as $50.09 and last traded at $49.95, with a volume of 26372 shares. The stock had previously closed at $49.55.

Invesco MSCI USA ETF Stock Up 1.1 %

The stock’s 50-day simple moving average is $51.22 and its two-hundred day simple moving average is $47.88. The company has a market capitalization of $4.48 billion, a price-to-earnings ratio of 26.08 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco MSCI USA ETF

Large investors have recently added to or reduced their stakes in the stock. Capital Asset Advisory Services LLC acquired a new stake in shares of Invesco MSCI USA ETF in the third quarter valued at about $1,386,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Invesco MSCI USA ETF in the third quarter valued at about $35,438,000. Kingsview Wealth Management LLC acquired a new stake in shares of Invesco MSCI USA ETF in the third quarter valued at about $997,000. Axxcess Wealth Management LLC acquired a new stake in shares of Invesco MSCI USA ETF in the third quarter valued at about $686,000. Finally, Altus Wealth Group LLC acquired a new stake in shares of Invesco MSCI USA ETF in the fourth quarter valued at about $212,000.

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.