Envestnet Asset Management Inc. Acquires Shares of 51,294 Invesco MSCI USA ETF (BATS:PBUS)

Envestnet Asset Management Inc. bought a new position in Invesco MSCI USA ETF (BATS:PBUS) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 51,294 shares of the company’s stock, valued at approximately $2,790,000. Envestnet Asset Management Inc. owned about 0.06% of Invesco MSCI USA ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Altus Wealth Group LLC bought a new stake in Invesco MSCI USA ETF during the second quarter worth $219,000. BNP Paribas Financial Markets bought a new stake in shares of Invesco MSCI USA ETF during the 1st quarter worth $566,000. Private Advisor Group LLC purchased a new position in shares of Invesco MSCI USA ETF in the 2nd quarter worth about $9,429,000. Commonwealth Equity Services LLC bought a new position in Invesco MSCI USA ETF during the first quarter valued at about $9,442,000. Finally, Axxcess Wealth Management LLC increased its holdings in Invesco MSCI USA ETF by 6.9% during the first quarter. Axxcess Wealth Management LLC now owns 348,341 shares of the company’s stock worth $18,260,000 after buying an additional 22,626 shares during the last quarter.

Invesco MSCI USA ETF Stock Performance

Shares of PBUS stock opened at $57.34 on Friday. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02. Invesco MSCI USA ETF has a 52 week low of $24.94 and a 52 week high of $28.08. The firm’s 50-day simple moving average is $55.44 and its two-hundred day simple moving average is $53.85.

Invesco MSCI USA ETF Increases Dividend

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

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.