Invesco MSCI USA ETF (BATS:PBUS) Sets New 12-Month High – Here’s What Happened

Invesco MSCI USA ETF (BATS:PBUS)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $59.75 and last traded at $60.20, with a volume of 22746 shares changing hands. The stock had previously closed at $58.56.

Invesco MSCI USA ETF Stock Up 2.6 %

The business has a 50 day moving average price of $60.22 and a two-hundred day moving average price of $58.51. The stock has a market cap of $6.10 billion, a P/E ratio of 27.58 and a beta of 1.00.

Invesco MSCI USA ETF Increases Dividend

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

Institutional Trading of Invesco MSCI USA ETF

A number of large investors have recently added to or reduced their stakes in PBUS. Jane Street Group LLC bought a new position in shares of Invesco MSCI USA ETF during the 3rd quarter valued at approximately $660,000. Axxcess Wealth Management LLC lifted its position in Invesco MSCI USA ETF by 4.7% during the third quarter. Axxcess Wealth Management LLC now owns 405,865 shares of the company’s stock valued at $23,297,000 after purchasing an additional 18,386 shares during the last quarter. Capital Asset Advisory Services LLC grew its stake in shares of Invesco MSCI USA ETF by 4.5% in the 4th quarter. Capital Asset Advisory Services LLC now owns 428,705 shares of the company’s stock worth $25,504,000 after buying an additional 18,433 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of 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 buying an additional 5,797 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings 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 worth $582,000 after purchasing an additional 10,110 shares during the period.

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.