Invesco MSCI USA ETF (BATS:PBUS – Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 60,964 shares, a decline of 75.8% from the June 30th total of 252,333 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 439,658 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Invesco MSCI USA ETF
Institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. boosted its holdings 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 acquiring an additional 276 shares during the period. Bank of America Corp DE increased its stake 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 during the period. Integrated Wealth Concepts LLC bought a new stake in Invesco MSCI USA ETF in the first quarter valued at approximately $203,000. Retirement Planning Group LLC bought a new stake in Invesco MSCI USA ETF in the first quarter valued at approximately $332,000. Finally, Jane Street Group LLC purchased a new stake in shares of Invesco MSCI USA ETF during the second quarter valued at approximately $350,000.
Invesco MSCI USA ETF Price Performance
BATS PBUS traded up $0.07 during trading on Friday, hitting $74.07. 62,389 shares of the company’s stock traded hands, compared to its average volume of 375,094. The stock has a fifty day moving average of $74.71 and a two-hundred day moving average of $70.98. Invesco MSCI USA ETF has a 12-month low of $62.30 and a 12-month high of $76.22. The firm has a market cap of $9.81 billion, a P/E ratio of 26.20 and a beta of 1.03.
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.
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