Invesco MSCI USA ETF (BATS:PBUS – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 252,333 shares, a growth of 435.7% from the June 15th total of 47,101 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 644,270 shares, the short-interest ratio is presently 0.4 days.
Invesco MSCI USA ETF Trading Up 0.4%
Shares of BATS:PBUS traded up $0.28 on Friday, hitting $75.71. The company had a trading volume of 39,732 shares, compared to its average volume of 383,963. Invesco MSCI USA ETF has a 52-week low of $62.14 and a 52-week high of $76.22. The business has a 50 day moving average of $74.45 and a 200 day moving average of $70.57. The company has a market cap of $10.02 billion, a PE ratio of 26.20 and a beta of 1.03.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Invesco MSCI USA ETF by 22.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 635,822 shares of the company’s stock worth $43,522,000 after purchasing an additional 116,935 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of Invesco MSCI USA ETF in the fourth quarter valued at approximately $24,103,000. Capital Asset Advisory Services LLC raised its position in shares of Invesco MSCI USA ETF by 42.0% in the fourth quarter. Capital Asset Advisory Services LLC now owns 899,873 shares of the company’s stock valued at $62,568,000 after buying an additional 265,965 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of Invesco MSCI USA ETF by 41.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 897,822 shares of the company’s stock valued at $61,456,000 after buying an additional 263,914 shares during the period. Finally, Private Advisor Group LLC purchased a new position in shares of Invesco MSCI USA ETF during the first quarter valued at approximately $3,631,000.
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.
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