Invesco MSCI USA ETF (BATS:PBUS) Short Interest Update

Invesco MSCI USA ETF (BATS:PBUS) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 17,749 shares, a decrease of 51.5% from the August 15th total of 36,562 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 181,828 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PBUS. Bank of New York Mellon Corp purchased a new stake in Invesco MSCI USA ETF in the 1st quarter worth approximately $143,354,000. Capital Asset Advisory Services LLC increased its stake in shares of Invesco MSCI USA ETF by 8.1% during the first quarter. Capital Asset Advisory Services LLC now owns 972,994 shares of the company’s stock valued at $69,092,000 after buying an additional 73,121 shares during the period. Axxcess Wealth Management LLC raised its holdings in shares of Invesco MSCI USA ETF by 41.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 897,822 shares of the company’s stock valued at $61,456,000 after acquiring an additional 263,914 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco MSCI USA ETF by 24.2% during the first quarter. Cetera Investment Advisers now owns 509,294 shares of the company’s stock valued at $33,191,000 after acquiring an additional 99,160 shares in the last quarter. Finally, Vestcor Inc lifted its stake in Invesco MSCI USA ETF by 0.6% in the fourth quarter. Vestcor Inc now owns 134,953 shares of the company’s stock worth $9,238,000 after acquiring an additional 780 shares during the period.

Invesco MSCI USA ETF Trading Down 0.4%

Invesco MSCI USA ETF stock opened at $75.97 on Wednesday. The firm has a 50-day moving average of $76.18 and a 200-day moving average of $72.95. The firm has a market cap of $10.06 billion, a P/E ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a 1-year low of $63.03 and a 1-year high of $78.22.

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.