Invesco MSCI USA ETF (BATS:PBUS) Hits New 52-Week High at $55.47

Invesco MSCI USA ETF (BATS:PBUS)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.47 and last traded at $55.50, with a volume of 35563 shares changing hands. The stock had previously closed at $55.46.

Invesco MSCI USA ETF Stock Performance

The business’s 50 day simple moving average is $53.42 and its 200-day simple moving average is $51.22. The stock has a market capitalization of $5.02 billion, a price-to-earnings ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid 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 was Monday, June 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC acquired a new stake in shares of Invesco MSCI USA ETF in the 4th quarter worth approximately $107,000. Altus Wealth Group LLC acquired a new stake in shares of Invesco MSCI USA ETF in the 4th quarter worth approximately $212,000. BNP Paribas Financial Markets acquired a new stake in Invesco MSCI USA ETF during the first quarter valued at approximately $566,000. Commonwealth Equity Services LLC acquired a new stake in Invesco MSCI USA ETF during the first quarter valued at approximately $9,442,000. Finally, Capital Asset Advisory Services LLC lifted its stake in Invesco MSCI USA ETF by 926.8% during the fourth quarter. Capital Asset Advisory Services LLC now owns 325,715 shares of the company’s stock valued at $15,543,000 after purchasing an additional 293,995 shares during the last quarter.

Invesco MSCI USA ETF Company Profile

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.