Private Advisor Group LLC Raises Stake in Invesco MSCI USA ETF (BATS:PBUS)

Private Advisor Group LLC raised its position in Invesco MSCI USA ETF (BATS:PBUS) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,301 shares of the company’s stock after purchasing an additional 9,937 shares during the period. Private Advisor Group LLC owned 0.20% of Invesco MSCI USA ETF worth $10,521,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Altus Wealth Group LLC acquired a new position in shares of Invesco MSCI USA ETF during the second quarter worth $219,000. BNP Paribas Financial Markets purchased a new position in shares of Invesco MSCI USA ETF in the 1st quarter valued at about $566,000. Axxcess Wealth Management LLC increased its holdings in shares of Invesco MSCI USA ETF by 6.9% in the 1st quarter. Axxcess Wealth Management LLC now owns 348,341 shares of the company’s stock valued at $18,260,000 after acquiring an additional 22,626 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Invesco MSCI USA ETF by 6.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 644,485 shares of the company’s stock worth $35,054,000 after acquiring an additional 40,836 shares in the last quarter. Finally, Envestnet Asset Management Inc. purchased a new stake in Invesco MSCI USA ETF during the second quarter worth approximately $2,790,000.

Invesco MSCI USA ETF Stock Up 0.3 %

Shares of PBUS opened at $58.03 on Friday. Invesco MSCI USA ETF has a 52-week low of $24.94 and a 52-week high of $28.08. The stock has a 50 day moving average price of $56.68 and a 200 day moving average price of $54.43. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

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