Axxcess Wealth Management LLC Raises Position in Invesco MSCI USA ETF (BATS:PBUS)

Posted by Nicole Kennedy on Sep 17th, 2024

Axxcess Wealth Management LLC increased its holdings in Invesco MSCI USA ETF (BATS:PBUS – Free Report) by 11.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 387,479 shares of the company’s stock after purchasing an additional 39,138 shares during the period. Axxcess Wealth Management LLC owned 0.43% of Invesco MSCI USA ETF worth $21,075,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PBUS. Altus Wealth Group LLC acquired a new position in shares of Invesco MSCI USA ETF in the 2nd quarter valued at $219,000. BNP Paribas Financial Markets purchased a new stake in Invesco MSCI USA ETF during the first quarter valued at about $566,000. Envestnet Asset Management Inc. acquired a new stake in Invesco MSCI USA ETF during the second quarter worth about $2,790,000. Private Advisor Group LLC purchased a new position in shares of Invesco MSCI USA ETF in the 2nd quarter worth about $9,429,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Invesco MSCI USA ETF in the 1st quarter valued at about $9,442,000.

Invesco MSCI USA ETF Stock Performance

PBUS opened at $56.29 on Tuesday. Invesco MSCI USA ETF has a 1 year low of $24.94 and a 1 year high of $28.08. The firm has a 50 day moving average price of $54.99 and a 200 day moving average price of $53.34. The company has a market cap of $5.04 billion, a PE ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a dividend of $0.1743 per share. This is a positive change from Invesco MSCI USA ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, June 24th.

About Invesco MSCI USA ETF

(Free Report)

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.