Axxcess Wealth Management LLC Acquires 18,386 Shares of Invesco MSCI USA ETF (BATS:PBUS)

Axxcess Wealth Management LLC boosted its holdings in Invesco MSCI USA ETF (BATS:PBUS) by 4.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 405,865 shares of the company’s stock after purchasing an additional 18,386 shares during the period. Axxcess Wealth Management LLC’s holdings in Invesco MSCI USA ETF were worth $23,297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in PBUS. Private Advisor Group LLC bought a new position in Invesco MSCI USA ETF in the second quarter valued at $9,429,000. Envestnet Asset Management Inc. bought a new position in Invesco MSCI USA ETF in the second quarter valued at $2,790,000. Raymond James Financial Services Advisors Inc. lifted its stake in Invesco MSCI USA ETF by 6.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 644,485 shares of the company’s stock valued at $35,054,000 after acquiring an additional 40,836 shares during the last quarter. BNP Paribas Financial Markets acquired a new stake in Invesco MSCI USA ETF in the first quarter valued at $566,000. Finally, Altus Wealth Group LLC acquired a new stake in Invesco MSCI USA ETF in the second quarter valued at $219,000.

Invesco MSCI USA ETF Price Performance

Shares of PBUS stock opened at $60.02 on Friday. The stock has a market cap of $5.38 billion, a P/E ratio of 26.67 and a beta of 1.02. The company has a fifty day moving average price of $57.19 and a two-hundred day moving average price of $55.03. 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 company also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.1748 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This is a boost from Invesco MSCI USA ETF’s previous dividend of $0.17.

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.