Invesco MSCI USA ETF (BATS:PBUS) Reaches New 1-Year High at $56.29

Invesco MSCI USA ETF (BATS:PBUS) reached a new 52-week high during trading on Monday . The company traded as high as $56.29 and last traded at $56.29, with a volume of 16223 shares traded. The stock had previously closed at $56.20.

Invesco MSCI USA ETF Stock Down 0.3 %

The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02. The firm’s 50 day moving average is $55.00 and its 200 day moving average is $53.39.

Invesco MSCI USA ETF Increases Dividend

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

Institutional Investors Weigh In On Invesco MSCI USA ETF

Several hedge funds have recently modified their holdings of PBUS. Altus Wealth Group LLC acquired a new stake in Invesco MSCI USA ETF during the 2nd quarter worth about $219,000. BNP Paribas Financial Markets acquired a new stake in shares of Invesco MSCI USA ETF during the first quarter valued at approximately $566,000. Envestnet Asset Management Inc. purchased a new stake in shares of Invesco MSCI USA ETF in the 2nd quarter valued at approximately $2,790,000. Private Advisor Group LLC acquired a new position in Invesco MSCI USA ETF in the 2nd quarter worth approximately $9,429,000. Finally, Commonwealth Equity Services LLC purchased a new position in Invesco MSCI USA ETF during the 1st quarter worth approximately $9,442,000.

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.