Altus Wealth Group LLC Has $1.93 Million Stock Holdings in Invesco MSCI USA ETF (BATS:PBUS)

Altus Wealth Group LLC lifted its position in Invesco MSCI USA ETF (BATS:PBUS) by 458.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 32,804 shares of the company’s stock after purchasing an additional 26,926 shares during the period. Altus Wealth Group LLC’s holdings in Invesco MSCI USA ETF were worth $1,932,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of PBUS. Commonwealth Equity Services LLC lifted its position in Invesco MSCI USA ETF by 0.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 183,135 shares of the company’s stock worth $10,785,000 after acquiring an additional 462 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Invesco MSCI USA ETF during the 4th quarter worth about $258,711,000. Independent Advisor Alliance bought a new stake in Invesco MSCI USA ETF during the 4th quarter valued at approximately $1,394,000. Raymond James Financial Inc. bought a new stake in Invesco MSCI USA ETF during the 4th quarter valued at approximately $49,573,000. Finally, Capital Asset Advisory Services LLC grew its holdings in Invesco MSCI USA ETF by 4.5% in the 4th quarter. Capital Asset Advisory Services LLC now owns 428,705 shares of the company’s stock valued at $25,504,000 after buying an additional 18,433 shares during the last quarter.

Invesco MSCI USA ETF Stock Down 3.5 %

Shares of PBUS stock opened at $56.53 on Friday. Invesco MSCI USA ETF has a 12 month low of $49.45 and a 12 month high of $61.75. The firm has a market cap of $5.72 billion, a PE ratio of 25.62 and a beta of 1.00. The stock has a 50 day moving average of $59.65 and a 200-day moving average of $58.83.

Invesco MSCI USA ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.1871 per share. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco MSCI USA ETF Company 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.