Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,472 shares, an increase of 137.9% from the June 30th total of 1,039 shares. Based on an average trading volume of 1,913 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the company’s shares are sold short.
Invesco Active U.S. Real Estate ETF Stock Performance
PSR stock opened at $107.76 on Tuesday. The stock has a 50-day moving average price of $103.60 and a 200-day moving average price of $98.92. Invesco Active U.S. Real Estate ETF has a 1-year low of $89.15 and a 1-year high of $108.64. The firm has a market cap of $60.35 million, a PE ratio of 34.44 and a beta of 0.95.
Institutional Investors Weigh In On Invesco Active U.S. Real Estate ETF
Several large investors have recently added to or reduced their stakes in PSR. Royal Bank of Canada lifted its stake in Invesco Active U.S. Real Estate ETF by 0.8% in the first quarter. Royal Bank of Canada now owns 12,892 shares of the company’s stock valued at $1,193,000 after buying an additional 102 shares during the period. Gateway Wealth Partners LLC increased its stake in shares of Invesco Active U.S. Real Estate ETF by 106.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 6,298 shares of the company’s stock valued at $583,000 after acquiring an additional 3,246 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Invesco Active U.S. Real Estate ETF by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock valued at $5,373,000 after acquiring an additional 6,553 shares in the last quarter. Main Street Group LTD acquired a new position in shares of Invesco Active U.S. Real Estate ETF during the 1st quarter valued at $28,000. Finally, Kestra Advisory Services LLC boosted its stake in Invesco Active U.S. Real Estate ETF by 18.0% during the first quarter. Kestra Advisory Services LLC now owns 2,650 shares of the company’s stock worth $245,000 after acquiring an additional 404 shares in the last quarter.
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. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk.
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