Invesco MSCI USA ETF (BATS:PBUS) Hits New 12-Month High at $51.17

Invesco MSCI USA ETF (BATS:PBUS)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $51.17 and last traded at $51.10, with a volume of 141337 shares. The stock had previously closed at $50.96.

Invesco MSCI USA ETF Trading Up 0.3 %

The company has a market cap of $4.55 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The business has a 50-day moving average price of $51.24 and a 200 day moving average price of $48.03.

Invesco MSCI USA ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.1687 dividend. The ex-dividend date was Monday, March 18th. This is a positive change from Invesco MSCI USA ETF’s previous dividend of $0.14.

Institutional Investors Weigh In On Invesco MSCI USA ETF

Several hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC acquired a new position in Invesco MSCI USA ETF in the 4th quarter valued at approximately $107,000. Altus Wealth Group LLC bought a new position in Invesco MSCI USA ETF during the fourth quarter valued at about $212,000. Axxcess Wealth Management LLC acquired a new stake in Invesco MSCI USA ETF in the 3rd quarter worth approximately $686,000. Kingsview Wealth Management LLC acquired a new position in Invesco MSCI USA ETF during the third quarter valued at approximately $997,000. Finally, Capital Asset Advisory Services LLC boosted its holdings in shares of Invesco MSCI USA ETF by 926.8% during the 4th quarter. Capital Asset Advisory Services LLC now owns 325,715 shares of the company’s stock worth $15,543,000 after buying an additional 293,995 shares during the period.

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.