Cambridge Advisors Inc. Invests $221,000 in Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR)

Cambridge Advisors Inc. purchased a new position in shares of Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,241 shares of the company’s stock, valued at approximately $221,000.

Other hedge funds have also recently made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in Invesco Active U.S. Real Estate ETF by 9,259.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 986,962 shares of the company’s stock valued at $845,000 after purchasing an additional 976,417 shares during the period. Koshinski Asset Management Inc. acquired a new stake in shares of Invesco Active U.S. Real Estate ETF in the 1st quarter worth about $3,008,000. HBW Advisory Services LLC bought a new position in Invesco Active U.S. Real Estate ETF in the 2nd quarter valued at about $772,000. Cetera Advisors LLC acquired a new position in Invesco Active U.S. Real Estate ETF during the 1st quarter valued at about $466,000. Finally, Avantax Advisory Services Inc. raised its stake in shares of Invesco Active U.S. Real Estate ETF by 8.7% in the first quarter. Avantax Advisory Services Inc. now owns 20,096 shares of the company’s stock worth $1,771,000 after purchasing an additional 1,609 shares during the last quarter.

Invesco Active U.S. Real Estate ETF Stock Down 0.3 %

Shares of NYSEARCA:PSR opened at $97.81 on Friday. The business’s 50 day moving average is $96.89 and its 200 day moving average is $89.85. Invesco Active U.S. Real Estate ETF has a 12-month low of $74.41 and a 12-month high of $100.17. The stock has a market cap of $76.29 million, a price-to-earnings ratio of 29.72 and a beta of 0.98.

About Invesco Active U.S. Real Estate ETF

PowerShares U.S. Real Estate Fund (the Fund) seeks high total return by investing in securities of companies that are principally engaged in the United States Real Estate industry and included within the FTSE NAREIT All Equity REITs Index. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase.