Invesco MSCI USA ETF (BATS:PBUS) Reaches New 12-Month High After Dividend Announcement

Invesco MSCI USA ETF (BATS:PBUSGet Free Report) hit a new 52-week high during mid-day trading on Monday after the company announced a dividend. The company traded as high as $54.66 and last traded at $54.25, with a volume of 47307 shares traded. The stock had previously closed at $54.59.

The newly announced dividend which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be issued a $0.1743 dividend. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.17. The ex-dividend date is Monday, June 24th.

Invesco MSCI USA ETF Trading Down 0.6 %

The business has a fifty day moving average price of $52.42 and a 200-day moving average price of $50.61. The stock has a market capitalization of $4.86 billion, a PE ratio of 26.67 and a beta of 1.02.

Hedge Funds Weigh In On Invesco MSCI USA ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PBUS. National Pension Service lifted its stake in shares of Invesco MSCI USA ETF by 15.8% in the 4th quarter. National Pension Service now owns 72,007,721 shares of the company’s stock valued at $3,436,208,000 after acquiring an additional 9,814,038 shares during the last quarter. Altus Wealth Group LLC bought a new stake in shares of Invesco MSCI USA ETF in the 4th quarter valued at about $212,000. Axxcess Wealth Management LLC bought a new stake in shares of Invesco MSCI USA ETF in the 3rd quarter valued at about $686,000. Metis Global Partners LLC lifted its stake in shares of Invesco MSCI USA ETF by 8,384.6% in the 4th quarter. Metis Global Partners LLC now owns 858,639 shares of the company’s stock valued at $40,974,000 after acquiring an additional 848,519 shares during the last quarter. Finally, Capital Asset Advisory Services LLC lifted its stake in shares of Invesco MSCI USA ETF by 926.8% in the 4th quarter. Capital Asset Advisory Services LLC now owns 325,715 shares of the company’s stock valued at $15,543,000 after acquiring an additional 293,995 shares during the last quarter.

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.

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