Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 858 shares, a decline of 38.0% from the August 15th total of 1,383 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,061 shares, the short-interest ratio is presently 0.8 days.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Montz Harcus Wealth Management LLC boosted its position in shares of Invesco Active U.S. Real Estate ETF by 9.3% during the second quarter. Montz Harcus Wealth Management LLC now owns 11,688 shares of the company’s stock valued at $1,199,000 after purchasing an additional 990 shares in the last quarter. Royal Bank of Canada raised its holdings in Invesco Active U.S. Real Estate ETF by 0.8% in the first quarter. Royal Bank of Canada now owns 12,892 shares of the company’s stock worth $1,193,000 after purchasing an additional 102 shares in the last quarter. Gateway Wealth Partners LLC lifted its position in Invesco Active U.S. Real Estate ETF by 106.4% during the first quarter. Gateway Wealth Partners LLC now owns 6,298 shares of the company’s stock valued at $583,000 after buying an additional 3,246 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco Active U.S. Real Estate ETF by 12.7% during the 1st quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock valued at $5,373,000 after buying an additional 6,553 shares in the last quarter. Finally, Main Street Group LTD bought a new stake in shares of Invesco Active U.S. Real Estate ETF during the 1st quarter valued at $28,000.
Invesco Active U.S. Real Estate ETF Stock Performance
Shares of NYSEARCA PSR traded up $0.43 during midday trading on Wednesday, hitting $100.64. 1,245 shares of the company traded hands, compared to its average volume of 2,199. Invesco Active U.S. Real Estate ETF has a 12-month low of $89.41 and a 12-month high of $108.78. The firm has a market cap of $8.05 million, a P/E ratio of 34.44 and a beta of 0.93. The stock has a 50-day moving average price of $104.40 and a 200 day moving average price of $101.38.
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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