Metis Global Partners LLC Decreases Stock Position in Invesco MSCI USA ETF $PBUS

Metis Global Partners LLC trimmed its position in shares of Invesco MSCI USA ETF (BATS:PBUS) by 48.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,112,348 shares of the company’s stock after selling 1,038,136 shares during the period. Invesco MSCI USA ETF makes up 1.8% of Metis Global Partners LLC’s portfolio, making the stock its 11th biggest position. Metis Global Partners LLC owned 0.84% of Invesco MSCI USA ETF worth $74,583,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. boosted its position in Invesco MSCI USA ETF by 99.2% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,010,335 shares of the company’s stock valued at $560,263,000 after buying an additional 4,487,218 shares during the last quarter. Panagora Asset Management Inc. purchased a new position in Invesco MSCI USA ETF in the second quarter valued at about $102,553,000. Cetera Investment Advisers boosted its holdings in Invesco MSCI USA ETF by 112.0% in the second quarter. Cetera Investment Advisers now owns 192,454 shares of the company’s stock valued at $11,967,000 after purchasing an additional 101,666 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Invesco MSCI USA ETF by 22.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 518,887 shares of the company’s stock valued at $34,791,000 after purchasing an additional 93,802 shares in the last quarter. Finally, Capital Asset Advisory Services LLC increased its holdings in Invesco MSCI USA ETF by 17.2% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 633,908 shares of the company’s stock worth $42,504,000 after purchasing an additional 92,991 shares during the last quarter.

Invesco MSCI USA ETF Trading Down 1.6%

Invesco MSCI USA ETF stock opened at $68.23 on Friday. The stock has a market cap of $9.03 billion, a P/E ratio of 26.20 and a beta of 1.03. The stock has a 50 day moving average of $69.02 and a 200-day moving average of $67.28. Invesco MSCI USA ETF has a 52 week low of $48.30 and a 52 week high of $70.03.

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.