Envestnet Asset Management Inc. Boosts Stock Position in Invesco MSCI USA ETF (BATS:PBUS)

Envestnet Asset Management Inc. lifted its position in Invesco MSCI USA ETF (BATS:PBUS) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,299 shares of the company’s stock after purchasing an additional 3,143 shares during the quarter. Envestnet Asset Management Inc. owned about 0.07% of Invesco MSCI USA ETF worth $3,551,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Jane Street Group LLC acquired a new position in Invesco MSCI USA ETF in the 3rd quarter worth approximately $660,000. Independent Advisor Alliance purchased a new position in shares of Invesco MSCI USA ETF during the fourth quarter worth $1,394,000. Altus Wealth Group LLC lifted its position in Invesco MSCI USA ETF by 458.1% during the fourth quarter. Altus Wealth Group LLC now owns 32,804 shares of the company’s stock valued at $1,932,000 after purchasing an additional 26,926 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Invesco MSCI USA ETF by 0.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 183,135 shares of the company’s stock valued at $10,785,000 after purchasing an additional 462 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its position in Invesco MSCI USA ETF by 4.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 425,508 shares of the company’s stock worth $25,058,000 after purchasing an additional 19,643 shares during the period.

Invesco MSCI USA ETF Stock Up 4.2 %

Shares of PBUS stock opened at $54.84 on Friday. Invesco MSCI USA ETF has a 52-week low of $48.30 and a 52-week high of $61.75. The business has a 50-day simple moving average of $56.00 and a 200-day simple moving average of $58.39. The stock has a market cap of $5.78 billion, a PE ratio of 23.93 and a beta of 1.01.

Invesco MSCI USA ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1846 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco MSCI USA ETF 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.