Invesco MSCI USA ETF (BATS:PBUS) Reaches New 12-Month High – What’s Next?

Invesco MSCI USA ETF (BATS:PBUS)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $61.10 and last traded at $61.05, with a volume of 12080 shares. The stock had previously closed at $60.81.

Invesco MSCI USA ETF Stock Performance

The company has a market capitalization of $5.45 billion, a P/E ratio of 26.67 and a beta of 1.02. The stock has a fifty day moving average of $59.40 and a 200 day moving average of $56.65.

Invesco MSCI USA ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Altus Wealth Group LLC raised its stake in Invesco MSCI USA ETF by 45.9% during the 3rd quarter. Altus Wealth Group LLC now owns 5,878 shares of the company’s stock worth $337,000 after acquiring an additional 1,850 shares during the period. MML Investors Services LLC raised its position in shares of Invesco MSCI USA ETF by 11.5% during the 3rd quarter. MML Investors Services LLC now owns 56,090 shares of the company’s stock valued at $3,220,000 after purchasing an additional 5,797 shares during the period. Private Advisor Group LLC lifted its stake in shares of Invesco MSCI USA ETF by 5.7% during the 3rd quarter. Private Advisor Group LLC now owns 183,301 shares of the company’s stock valued at $10,521,000 after buying an additional 9,937 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Invesco MSCI USA ETF by 26,605.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,148 shares of the company’s stock valued at $582,000 after buying an additional 10,110 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in Invesco MSCI USA ETF in the 3rd quarter worth $660,000.

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.