BNP Paribas Financial Markets Raises Stock Holdings in Invesco MSCI USA ETF (BATS:PBUS)

BNP Paribas Financial Markets grew its holdings in Invesco MSCI USA ETF (BATS:PBUS) by 26,605.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,148 shares of the company’s stock after buying an additional 10,110 shares during the quarter. BNP Paribas Financial Markets’ holdings in Invesco MSCI USA ETF were worth $582,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Altus Wealth Group LLC purchased a new stake in Invesco MSCI USA ETF in the 2nd quarter worth $219,000. Envestnet Asset Management Inc. purchased a new stake in shares of Invesco MSCI USA ETF during the second quarter worth about $2,790,000. Private Advisor Group LLC acquired a new position in shares of Invesco MSCI USA ETF during the 2nd quarter worth about $9,429,000. Axxcess Wealth Management LLC increased its stake in Invesco MSCI USA ETF by 11.2% during the 2nd quarter. Axxcess Wealth Management LLC now owns 387,479 shares of the company’s stock worth $21,075,000 after buying an additional 39,138 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of Invesco MSCI USA ETF by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 644,485 shares of the company’s stock valued at $35,054,000 after acquiring an additional 40,836 shares during the last quarter.

Invesco MSCI USA ETF Price Performance

BATS PBUS opened at $60.81 on Friday. The stock’s 50 day simple moving average is $59.11 and its 200-day simple moving average is $56.39. The company has a market cap of $5.45 billion, a PE ratio of 26.67 and a beta of 1.02. Invesco MSCI USA ETF has a 1-year low of $24.94 and a 1-year high of $28.08.

Invesco MSCI USA ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.1748 dividend. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.17. The ex-dividend date was Monday, September 23rd.

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.