Bank of New York Mellon Corp Makes New $143.35 Million Investment in Invesco MSCI USA ETF $PBUS

Bank of New York Mellon Corp purchased a new stake in Invesco MSCI USA ETF (BATS:PBUS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,199,686 shares of the company’s stock, valued at approximately $143,354,000. Bank of New York Mellon Corp owned about 1.66% of Invesco MSCI USA ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PBUS. Integrated Wealth Concepts LLC bought a new position in Invesco MSCI USA ETF during the 1st quarter worth approximately $203,000. Marshall Wace LLP bought a new stake in Invesco MSCI USA ETF in the second quarter valued at approximately $1,090,000. Jane Street Group LLC acquired a new stake in Invesco MSCI USA ETF in the second quarter worth $350,000. MML Investors Services LLC raised its holdings in Invesco MSCI USA ETF by 5.6% in the second quarter. MML Investors Services LLC now owns 44,817 shares of the company’s stock worth $2,787,000 after purchasing an additional 2,371 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new stake in Invesco MSCI USA ETF in the second quarter worth $494,000.

Invesco MSCI USA ETF Price Performance

Shares of BATS PBUS opened at $74.60 on Monday. Invesco MSCI USA ETF has a twelve month low of $62.30 and a twelve month high of $76.22. The stock has a market cap of $9.88 billion, a price-to-earnings ratio of 26.20 and a beta of 1.03. The company’s fifty day moving average is $74.68 and its 200-day moving average is $70.80.

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.