OVERSEA CHINESE BANKING Corp Ltd Acquires New Stake in Invesco MSCI USA ETF $PBUS

OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Invesco MSCI USA ETF (BATS:PBUS) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 352,170 shares of the company’s stock, valued at approximately $24,103,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. increased its position in Invesco MSCI USA ETF by 200.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,477,106 shares of the company’s stock valued at $99,040,000 after buying an additional 986,113 shares in the last quarter. Invesco Ltd. increased its position in Invesco MSCI USA ETF by 141.0% during the 3rd quarter. Invesco Ltd. now owns 1,294,760 shares of the company’s stock valued at $86,814,000 after buying an additional 757,506 shares in the last quarter. Capital Asset Advisory Services LLC increased its position in Invesco MSCI USA ETF by 42.0% during the 4th quarter. Capital Asset Advisory Services LLC now owns 899,873 shares of the company’s stock valued at $62,568,000 after buying an additional 265,965 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Invesco MSCI USA ETF by 22.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 635,822 shares of the company’s stock valued at $43,522,000 after buying an additional 116,935 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its position in Invesco MSCI USA ETF by 16.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 633,908 shares of the company’s stock valued at $42,504,000 after buying an additional 88,895 shares in the last quarter.

Invesco MSCI USA ETF Stock Down 0.6%

PBUS stock opened at $70.55 on Wednesday. Invesco MSCI USA ETF has a twelve month low of $52.08 and a twelve month high of $71.34. The firm has a market cap of $9.34 billion, a PE ratio of 26.20 and a beta of 1.03. The business has a 50 day moving average of $67.61 and a 200 day moving average of $68.11.

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.