Invesco MSCI USA ETF (BATS:PBUS) Sets New 1-Year High at $50.09

Invesco MSCI USA ETF (BATS:PBUS) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $50.09 and last traded at $49.95, with a volume of 26372 shares traded. The stock had previously closed at $49.55.

Invesco MSCI USA ETF Trading Up 1.1 %

The company has a market capitalization of $4.48 billion, a P/E ratio of 26.08 and a beta of 1.02. The business’s fifty day moving average price is $51.22 and its 200-day moving average price is $47.88.

Invesco MSCI USA ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco MSCI USA ETF

Large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC purchased a new position in Invesco MSCI USA ETF in the 4th quarter worth $107,000. Altus Wealth Group LLC purchased a new position in shares of Invesco MSCI USA ETF in the fourth quarter valued at about $212,000. Axxcess Wealth Management LLC purchased a new position in shares of Invesco MSCI USA ETF in the third quarter valued at about $686,000. Kingsview Wealth Management LLC purchased a new position in shares of Invesco MSCI USA ETF in the third quarter valued at about $997,000. Finally, Capital Asset Advisory Services LLC purchased a new position in shares of Invesco MSCI USA ETF in the third quarter valued at about $1,386,000.

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.