Invesco MSCI USA ETF (BATS:PBUS) Stock Price Up 0.8% – Here’s What Happened

Invesco MSCI USA ETF (BATS:PBUS)’s stock price shot up 0.8% on Monday . The company traded as high as $66.36 and last traded at $65.67. 180,625 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 436,964 shares. The stock had previously closed at $65.14.

Invesco MSCI USA ETF Price Performance

The company has a market capitalization of $8.71 billion, a PE ratio of 26.20 and a beta of 1.03. The firm’s fifty day simple moving average is $68.29 and its 200 day simple moving average is $67.98.

Institutional Trading of Invesco MSCI USA ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PBUS. Morgan Stanley raised its position in Invesco MSCI USA ETF by 19.6% during the fourth quarter. Morgan Stanley now owns 32,156,914 shares of the company’s stock valued at $2,201,141,000 after acquiring an additional 5,280,388 shares in the last quarter. Panagora Asset Management Inc. acquired a new stake in shares of Invesco MSCI USA ETF during the 2nd quarter worth approximately $102,553,000. Raymond James Financial Inc. increased its holdings in shares of Invesco MSCI USA ETF by 4.6% during the 4th quarter. Raymond James Financial Inc. now owns 1,545,014 shares of the company’s stock valued at $105,756,000 after purchasing an additional 67,908 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Invesco MSCI USA ETF by 141.0% in the 3rd quarter. Invesco Ltd. now owns 1,294,760 shares of the company’s stock valued at $86,814,000 after purchasing an additional 757,506 shares during the period. Finally, Ensign Peak Advisors Inc acquired a new position in shares of Invesco MSCI USA ETF in the 4th quarter valued at $81,334,000.

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.