Invesco MSCI USA ETF (BATS:PBUS – Get Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 60,964 shares, a drop of 75.8% from the June 30th total of 252,333 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 439,658 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On Invesco MSCI USA ETF
Several hedge funds have recently added to or reduced their stakes in PBUS. Geneos Wealth Management Inc. raised its holdings in Invesco MSCI USA ETF by 110.4% in the second quarter. Geneos Wealth Management Inc. now owns 526 shares of the company’s stock worth $33,000 after purchasing an additional 276 shares during the period. Bank of America Corp DE increased its position in shares of 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 valued at $69,000 after buying an additional 961 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Invesco MSCI USA ETF in the 1st quarter valued at $203,000. Retirement Planning Group LLC bought a new stake in shares of Invesco MSCI USA ETF in the 1st quarter valued at $332,000. Finally, Jane Street Group LLC acquired a new stake in Invesco MSCI USA ETF during the 2nd quarter worth $350,000.
Invesco MSCI USA ETF Stock Performance
Shares of PBUS opened at $74.13 on Tuesday. Invesco MSCI USA ETF has a 52 week low of $62.30 and a 52 week high of $76.22. The firm has a market capitalization of $9.81 billion, a price-to-earnings ratio of 26.20 and a beta of 1.03. The business’s fifty day moving average price is $74.71 and its two-hundred day moving average price is $71.03.
Invesco MSCI USA ETF Company Profile
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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