Invesco MSCI USA ETF (BATS:PBUS) Hits New 1-Year High – What’s Next?

Invesco MSCI USA ETF (BATS:PBUS) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $59.18 and last traded at $58.99, with a volume of 9145 shares trading hands. The stock had previously closed at $58.81.

Invesco MSCI USA ETF Stock Performance

The stock has a market capitalization of $5.32 billion, a P/E ratio of 26.67 and a beta of 1.02. The company’s 50-day moving average is $57.82 and its two-hundred day moving average is $55.50.

Invesco MSCI USA ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.1748 per share. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco MSCI USA ETF’s previous dividend of $0.17.

Institutional Trading of Invesco MSCI USA ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Altus Wealth Group LLC purchased a new position in Invesco MSCI USA ETF during the second quarter valued at approximately $219,000. BNP Paribas Financial Markets lifted its position in Invesco MSCI USA ETF by 26,605.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,148 shares of the company’s stock worth $582,000 after acquiring an additional 10,110 shares during the last quarter. Jane Street Group LLC bought a new stake in Invesco MSCI USA ETF during the 3rd quarter valued at approximately $660,000. Envestnet Asset Management Inc. acquired a new stake in shares of Invesco MSCI USA ETF in the second quarter worth $2,790,000. Finally, MML Investors Services LLC grew its position in Invesco MSCI USA ETF by 11.5% in 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 last quarter.

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.