Invesco MSCI USA ETF (BATS:PBUS) Sets New 52-Week High at $51.28

Shares of Invesco MSCI USA ETF (BATS:PBUS) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.28 and last traded at $51.75, with a volume of 4950 shares trading hands. The stock had previously closed at $51.23.

Invesco MSCI USA ETF Trading Up 0.1 %

The company has a market cap of $4.62 billion, a price-to-earnings ratio of 25.77 and a beta of 1.02. The firm’s fifty day moving average price is $51.35 and its 200-day moving average price is $48.44.

Invesco MSCI USA ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.1687 per share. This is an increase from Invesco MSCI USA ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 18th.

Institutional Trading of Invesco MSCI USA ETF

Hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new stake in Invesco MSCI USA ETF during the 4th quarter worth approximately $107,000. Altus Wealth Group LLC acquired a new position in Invesco MSCI USA ETF during the 4th quarter worth approximately $212,000. BNP Paribas Financial Markets acquired a new position in Invesco MSCI USA ETF during the first quarter worth $566,000. Axxcess Wealth Management LLC acquired a new stake in shares of Invesco MSCI USA ETF in the third quarter valued at about $686,000. Finally, Kingsview Wealth Management LLC bought a new stake in Invesco MSCI USA ETF during the third quarter worth about $997,000.

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.