IAG Wealth Partners LLC Sells 2,910 Shares of Invesco MSCI USA ETF (BATS:PBUS)

IAG Wealth Partners LLC cut its position in shares of Invesco MSCI USA ETF (BATS:PBUS) by 12.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,253 shares of the company’s stock after selling 2,910 shares during the period. IAG Wealth Partners LLC’s holdings in Invesco MSCI USA ETF were worth $1,252,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in shares of Invesco MSCI USA ETF in the 3rd quarter worth approximately $660,000. Raymond James Financial Inc. purchased a new position in shares of Invesco MSCI USA ETF in the 4th quarter worth approximately $49,573,000. Capital Asset Advisory Services LLC boosted its holdings in shares of 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 worth $25,504,000 after purchasing an additional 18,433 shares during the period. MML Investors Services LLC boosted its holdings in shares of Invesco MSCI USA ETF by 11.5% in the 3rd quarter. MML Investors Services LLC now owns 56,090 shares of the company’s stock worth $3,220,000 after purchasing an additional 5,797 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Invesco MSCI USA ETF in the 4th quarter worth approximately $258,711,000.

Invesco MSCI USA ETF Stock Performance

Shares of Invesco MSCI USA ETF stock opened at $56.09 on Thursday. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 25.62 and a beta of 1.00. The stock has a 50 day moving average price of $59.77 and a 200-day moving average price of $58.83. Invesco MSCI USA ETF has a one year low of $24.94 and a one year high of $28.08.

Invesco MSCI USA ETF Increases Dividend

The firm also recently declared 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 positive change 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 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.