Invesco MSCI USA ETF (BATS:PBUS) Reaches New 52-Week High – What’s Next?

Invesco MSCI USA ETF (BATS:PBUS)’s share price reached a new 52-week high on Monday . The company traded as high as $59.75 and last traded at $60.20, with a volume of 22746 shares. The stock had previously closed at $58.56.

Invesco MSCI USA ETF Stock Performance

The firm has a market capitalization of $6.10 billion, a PE ratio of 27.58 and a beta of 1.00. The stock has a fifty day moving average price of $60.22 and a 200-day moving average price of $58.51.

Invesco MSCI USA ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.1871 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Invesco MSCI USA ETF’s previous dividend of $0.17.

Institutional Trading of Invesco MSCI USA ETF

Institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets lifted its position in Invesco MSCI USA ETF by 26,605.3% during the third quarter. BNP Paribas Financial Markets now owns 10,148 shares of the company’s stock valued at $582,000 after acquiring an additional 10,110 shares during the last quarter. Jane Street Group LLC purchased a new stake in Invesco MSCI USA ETF in the third quarter valued at about $660,000. Independent Advisor Alliance acquired a new position in shares of Invesco MSCI USA ETF in the 4th quarter valued at $1,394,000. Altus Wealth Group LLC lifted its holdings in shares of Invesco MSCI USA ETF by 458.1% in the 4th quarter. Altus Wealth Group LLC now owns 32,804 shares of the company’s stock valued at $1,932,000 after buying an additional 26,926 shares during the period. Finally, MML Investors Services LLC lifted its holdings in shares of Invesco MSCI USA ETF by 11.5% in the 3rd quarter. MML Investors Services LLC now owns 56,090 shares of the company’s stock valued at $3,220,000 after buying an additional 5,797 shares during the period.

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.