Invesco MSCI USA ETF (BATS:PBUS) Sets New 52-Week High at $51.17

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

Invesco MSCI USA ETF Price Performance

The firm has a market cap of $4.55 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The business’s 50-day moving average price is $51.24 and its two-hundred day moving average price is $48.03.

Invesco MSCI USA ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a dividend of $0.1687 per share. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 18th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Invesco MSCI USA ETF by 18.8% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 603,649 shares of the company’s stock worth $31,643,000 after purchasing an additional 95,651 shares during the last quarter. Capital Asset Advisory Services LLC lifted its position in 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 valued at $18,157,000 after purchasing an additional 23,798 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in Invesco MSCI USA ETF during the 4th quarter valued at about $107,000. National Pension Service grew its position in Invesco MSCI USA ETF by 15.8% in the 4th quarter. National Pension Service now owns 72,007,721 shares of the company’s stock worth $3,436,208,000 after purchasing an additional 9,814,038 shares during the last quarter. Finally, Metis Global Partners LLC raised its holdings in shares of Invesco MSCI USA ETF by 8,384.6% during the fourth quarter. Metis Global Partners LLC now owns 858,639 shares of the company’s stock valued at $40,974,000 after buying an additional 848,519 shares during the last quarter.

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.