Mirae Asset Global Investments Co. Ltd. Trims Stock Position in Invesco MSCI USA ETF (BATS:PBUS)

Mirae Asset Global Investments Co. Ltd. decreased its position in shares of Invesco MSCI USA ETF (BATS:PBUS) by 43.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 354,300 shares of the company’s stock after selling 271,600 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.40% of Invesco MSCI USA ETF worth $20,950,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in PBUS. Jane Street Group LLC purchased a new position in Invesco MSCI USA ETF during the 3rd quarter worth approximately $660,000. Axxcess Wealth Management LLC grew its position in shares of Invesco MSCI USA ETF by 4.7% during the third quarter. Axxcess Wealth Management LLC now owns 405,865 shares of the company’s stock worth $23,297,000 after acquiring an additional 18,386 shares during the last quarter. Altus Wealth Group LLC increased its holdings in shares of Invesco MSCI USA ETF by 45.9% in the 3rd quarter. Altus Wealth Group LLC now owns 5,878 shares of the company’s stock valued at $337,000 after acquiring an additional 1,850 shares during the period. Capital Asset Advisory Services LLC raised its position in Invesco MSCI USA ETF by 4.5% in the 4th quarter. Capital Asset Advisory Services LLC now owns 428,705 shares of the company’s stock valued at $25,504,000 after purchasing an additional 18,433 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in Invesco MSCI USA ETF by 5.7% during the 3rd quarter. Private Advisor Group LLC now owns 183,301 shares of the company’s stock worth $10,521,000 after purchasing an additional 9,937 shares during the period.

Invesco MSCI USA ETF Stock Performance

Shares of Invesco MSCI USA ETF stock opened at $60.83 on Thursday. The company’s fifty day moving average is $60.15 and its two-hundred day moving average is $57.90. Invesco MSCI USA ETF has a 1 year low of $24.94 and a 1 year high of $28.08. The company has a market capitalization of $5.45 billion, a P/E ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.1871 per share. The ex-dividend date was Monday, December 23rd. This is an increase from Invesco MSCI USA ETF’s previous dividend of $0.17.

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.