Panagora Asset Management Inc. Invests $102.55 Million in Invesco MSCI USA ETF $PBUS

Panagora Asset Management Inc. bought a new position in shares of Invesco MSCI USA ETF (BATS:PBUSFree Report) during the second quarter, Holdings Channel.com reports. The firm bought 1,649,300 shares of the company’s stock, valued at approximately $102,553,000.

Several other institutional investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco MSCI USA ETF in the 1st quarter valued at approximately $203,000. IFP Advisors Inc purchased a new stake in Invesco MSCI USA ETF in the second quarter worth $274,000. Altus Wealth Group LLC raised its holdings in Invesco MSCI USA ETF by 1.1% in the second quarter. Altus Wealth Group LLC now owns 35,115 shares of the company’s stock worth $2,183,000 after purchasing an additional 396 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in 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 valued at $2,789,000 after buying an additional 2,259 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Invesco MSCI USA ETF by 49.2% during the 1st quarter. Cetera Investment Advisers now owns 90,788 shares of the company’s stock valued at $5,086,000 after buying an additional 29,930 shares in the last quarter.

Invesco MSCI USA ETF Price Performance

BATS:PBUS opened at $68.64 on Monday. The firm’s 50-day moving average price is $67.44 and its 200-day moving average price is $64.35. The company has a market capitalization of $9.09 billion, a PE ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a 1-year low of $48.30 and a 1-year high of $63.88.

About Invesco MSCI USA ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco MSCI USA ETF (BATS:PBUS)

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