Mirae Asset Global Investments Co. Ltd. Acquires 93,802 Shares of Invesco MSCI USA ETF $PBUS

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Invesco MSCI USA ETF (BATS:PBUS) by 22.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 518,887 shares of the company’s stock after buying an additional 93,802 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Invesco MSCI USA ETF were worth $34,791,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PBUS. Capital Asset Advisory Services LLC grew its stake in shares of Invesco MSCI USA ETF by 17.2% during the third quarter. Capital Asset Advisory Services LLC now owns 633,908 shares of the company’s stock valued at $42,504,000 after purchasing an additional 92,991 shares during the last quarter. Cetera Investment Advisers boosted its position in Invesco MSCI USA ETF by 112.0% in the 2nd quarter. Cetera Investment Advisers now owns 192,454 shares of the company’s stock valued at $11,967,000 after buying an additional 101,666 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in shares of Invesco MSCI USA ETF by 22.8% in the 2nd quarter. Axxcess Wealth Management LLC now owns 545,013 shares of the company’s stock valued at $33,889,000 after buying an additional 101,116 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Invesco MSCI USA ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 44,850 shares of the company’s stock worth $2,789,000 after acquiring an additional 2,259 shares during the last quarter. Finally, Altus Wealth Group LLC lifted its stake in shares of Invesco MSCI USA ETF by 1.1% during the second quarter. Altus Wealth Group LLC now owns 35,115 shares of the company’s stock valued at $2,183,000 after acquiring an additional 396 shares during the period.

Invesco MSCI USA ETF Stock Up 1.0%

Shares of PBUS stock opened at $69.84 on Thursday. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a 12 month low of $48.30 and a 12 month high of $63.88. The stock has a 50-day moving average price of $68.74 and a 200 day moving average price of $66.86.

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.