Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 858 shares, a drop of 38.0% from the August 15th total of 1,383 shares. Based on an average daily trading volume, of 1,061 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are sold short.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its holdings in shares of Invesco Active U.S. Real Estate ETF by 12.7% in the 1st quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock worth $5,373,000 after purchasing an additional 6,553 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco Active U.S. Real Estate ETF by 0.8% in the 1st quarter. Royal Bank of Canada now owns 12,892 shares of the company’s stock worth $1,193,000 after acquiring an additional 102 shares during the last quarter. Montz Harcus Wealth Management LLC lifted its position in Invesco Active U.S. Real Estate ETF by 9.3% in the 2nd quarter. Montz Harcus Wealth Management LLC now owns 11,688 shares of the company’s stock valued at $1,199,000 after acquiring an additional 990 shares in the last quarter. Gateway Wealth Partners LLC lifted its holdings in shares of Invesco Active U.S. Real Estate ETF by 106.4% in the first quarter. Gateway Wealth Partners LLC now owns 6,298 shares of the company’s stock valued at $583,000 after purchasing an additional 3,246 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Invesco Active U.S. Real Estate ETF by 18.0% during the 1st quarter. Kestra Advisory Services LLC now owns 2,650 shares of the company’s stock valued at $245,000 after acquiring an additional 404 shares in the last quarter.
Invesco Active U.S. Real Estate ETF Price Performance
Shares of Invesco Active U.S. Real Estate ETF stock traded up $0.26 on Thursday, hitting $100.25. 984 shares of the company’s stock traded hands, compared to its average volume of 2,182. The company has a market capitalization of $8.02 million, a price-to-earnings ratio of 34.44 and a beta of 0.93. The company has a fifty day moving average of $104.28 and a two-hundred day moving average of $101.38. Invesco Active U.S. Real Estate ETF has a one year low of $89.41 and a one year high of $108.78.
About Invesco Active U.S. Real Estate ETF
PowerShares U.S. Real Estate Fund (the Fund) seeks high total return by investing in securities of companies that are principally engaged in the United States Real Estate industry and included within the FTSE NAREIT All Equity REITs Index. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk.
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