Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,039 shares, a decline of 57.7% from the June 15th total of 2,454 shares. Based on an average daily trading volume, of 1,702 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of PSR. Gateway Wealth Partners LLC grew its position in shares of Invesco Active U.S. Real Estate ETF by 106.4% during the first quarter. Gateway Wealth Partners LLC now owns 6,298 shares of the company’s stock worth $583,000 after buying an additional 3,246 shares in the last quarter. Cetera Investment Advisers raised its holdings in Invesco Active U.S. Real Estate ETF by 12.7% in the first quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock valued at $5,373,000 after acquiring an additional 6,553 shares in the last quarter. Main Street Group LTD bought a new position in Invesco Active U.S. Real Estate ETF during the 1st quarter valued at $28,000. Kestra Advisory Services LLC grew its holdings in Invesco Active U.S. Real Estate ETF by 18.0% during the 1st quarter. Kestra Advisory Services LLC now owns 2,650 shares of the company’s stock worth $245,000 after acquiring an additional 404 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in Invesco Active U.S. Real Estate ETF by 6.1% during the 4th quarter. MML Investors Services LLC now owns 3,116 shares of the company’s stock worth $281,000 after acquiring an additional 178 shares in the last quarter.
Invesco Active U.S. Real Estate ETF Trading Up 2.1%
PSR stock traded up $2.14 during trading on Thursday, reaching $106.27. The stock had a trading volume of 2,452 shares, compared to its average volume of 2,495. The firm has a fifty day moving average price of $102.72 and a 200 day moving average price of $98.01. The company has a market capitalization of $59.51 million, a P/E ratio of 34.44 and a beta of 0.95. Invesco Active U.S. Real Estate ETF has a 1-year low of $89.15 and a 1-year high of $106.44.
About Invesco Active U.S. Real Estate ETF
PowerShares U.S. Real Estate Fund (the Fund) seeks high total return by investing in securities of companies that are principally engaged in the United States Real Estate industry and included within the FTSE NAREIT All Equity REITs Index. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk.
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