Invesco MSCI USA ETF (BATS:PBUS – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 25,329 shares, a decrease of 58.5% from the July 15th total of 60,964 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 234,697 shares, the short-interest ratio is presently 0.1 days.
Invesco MSCI USA ETF Stock Performance
Shares of PBUS stock opened at $77.91 on Friday. The stock has a fifty day simple moving average of $75.10 and a two-hundred day simple moving average of $71.72. The firm has a market capitalization of $10.32 billion, a PE ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a 52-week low of $63.03 and a 52-week high of $78.22.
Hedge Funds Weigh In On Invesco MSCI USA ETF
A number of hedge funds have recently made changes to their positions in PBUS. Geneos Wealth Management Inc. raised its stake in Invesco MSCI USA ETF by 110.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 526 shares of the company’s stock valued at $33,000 after purchasing an additional 276 shares during the period. Bank of America Corp DE lifted its holdings in Invesco MSCI USA ETF by 1,298.6% in the 3rd quarter. Bank of America Corp DE now owns 1,035 shares of the company’s stock worth $69,000 after purchasing an additional 961 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Invesco MSCI USA ETF in the 1st quarter worth approximately $203,000. Retirement Planning Group LLC bought a new position in Invesco MSCI USA ETF in the 1st quarter worth approximately $332,000. Finally, Jane Street Group LLC bought a new position in Invesco MSCI USA ETF in the 2nd quarter worth approximately $350,000.
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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