Invesco MSCI USA ETF (BATS:PBUS) Reaches New 12-Month High at $54.97

Invesco MSCI USA ETF (BATS:PBUS) shares reached a new 52-week high during trading on Monday . The company traded as high as $54.97 and last traded at $54.53, with a volume of 1451986 shares. The stock had previously closed at $54.39.

Invesco MSCI USA ETF Stock Up 0.5 %

The firm has a 50-day simple moving average of $52.95 and a 200 day simple moving average of $50.94. The company has a market cap of $4.94 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.1743 dividend. The ex-dividend date was Monday, June 24th. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.17.

Institutional Investors Weigh In On Invesco MSCI USA ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. National Pension Service raised its position in shares of Invesco MSCI USA ETF by 15.8% in the fourth quarter. National Pension Service now owns 72,007,721 shares of the company’s stock valued at $3,436,208,000 after buying an additional 9,814,038 shares during the last quarter. Metis Global Partners LLC boosted its holdings in shares of Invesco MSCI USA ETF by 8,384.6% in the 4th quarter. Metis Global Partners LLC now owns 858,639 shares of the company’s stock valued at $40,974,000 after purchasing an additional 848,519 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco MSCI USA ETF by 18.8% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 603,649 shares of the company’s stock valued at $31,643,000 after buying an additional 95,651 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Invesco MSCI USA ETF during the 1st quarter worth $19,180,000. Finally, Capital Asset Advisory Services LLC raised its position in shares of Invesco MSCI USA ETF by 7.3% in the 1st quarter. Capital Asset Advisory Services LLC now owns 349,513 shares of the company’s stock worth $18,157,000 after buying an additional 23,798 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.