Invesco MSCI USA ETF (BATS:PBUS) Sets New 1-Year High – Time to Buy?

Invesco MSCI USA ETF (BATS:PBUSGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $77.93 and last traded at $77.93, with a volume of 444 shares changing hands. The stock had previously closed at $77.31.

Invesco MSCI USA ETF Trading Up 0.4%

The firm has a market cap of $10.31 billion, a P/E ratio of 26.20 and a beta of 1.03. The company’s fifty day moving average price is $74.98 and its two-hundred day moving average price is $71.62.

Institutional Trading of Invesco MSCI USA ETF

Several large investors have recently added to or reduced their stakes in PBUS. Trust Co. of Vermont acquired a new stake in shares of Invesco MSCI USA ETF during the second quarter worth approximately $9,366,000. Bank of America Corp DE boosted its holdings in shares of Invesco MSCI USA ETF by 225.1% in the 1st quarter. Bank of America Corp DE now owns 4,164 shares of the company’s stock worth $271,000 after acquiring an additional 2,883 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Invesco MSCI USA ETF by 24.2% in the 1st quarter. Cetera Investment Advisers now owns 509,294 shares of the company’s stock worth $33,191,000 after acquiring an additional 99,160 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Invesco MSCI USA ETF during the 1st quarter worth approximately $143,354,000. Finally, Retirement Planning Group LLC bought a new stake in Invesco MSCI USA ETF during the 1st quarter worth approximately $332,000.

About Invesco MSCI USA ETF

(Get 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.

Further Reading

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