Axxcess Wealth Management LLC Raises Holdings in Invesco MSCI USA ETF $PBUS

Axxcess Wealth Management LLC increased its stake in shares of Invesco MSCI USA ETF (BATS:PBUS) by 41.6% during the 4th quarter, Holdings Channel reports. The fund owned 897,822 shares of the company’s stock after purchasing an additional 263,914 shares during the quarter. Invesco MSCI USA ETF makes up about 0.7% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Axxcess Wealth Management LLC’s holdings in Invesco MSCI USA ETF were worth $61,456,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Rhumbline Advisers purchased a new position in Invesco MSCI USA ETF in the third quarter valued at $1,259,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Invesco MSCI USA ETF by 22.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 635,822 shares of the company’s stock worth $43,522,000 after acquiring an additional 116,935 shares during the period. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of Invesco MSCI USA ETF during the 4th quarter worth about $24,103,000. Capital Asset Advisory Services LLC boosted its stake in shares of 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 worth $62,568,000 after acquiring an additional 265,965 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Invesco MSCI USA ETF by 1.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 45,420 shares of the company’s stock valued at $3,045,000 after acquiring an additional 570 shares during the period.

Invesco MSCI USA ETF Stock Up 0.9%

Shares of Invesco MSCI USA ETF stock opened at $74.98 on Friday. Invesco MSCI USA ETF has a twelve month low of $59.51 and a twelve month high of $76.22. The business has a 50-day moving average price of $73.06 and a 200 day moving average price of $69.90. The firm has a market cap of $9.93 billion, a PE ratio of 26.20 and a beta of 1.03.

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.