Capital Asset Advisory Services LLC Has $25.50 Million Position in Invesco MSCI USA ETF (BATS:PBUS)

Capital Asset Advisory Services LLC raised its stake in Invesco MSCI USA ETF (BATS:PBUS) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 428,705 shares of the company’s stock after purchasing an additional 18,433 shares during the period. Invesco MSCI USA ETF accounts for approximately 1.3% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 21st biggest position. Capital Asset Advisory Services LLC owned approximately 0.48% of Invesco MSCI USA ETF worth $25,504,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. MML Investors Services LLC boosted its position in shares of Invesco MSCI USA ETF by 11.5% in the third quarter. MML Investors Services LLC now owns 56,090 shares of the company’s stock valued at $3,220,000 after acquiring an additional 5,797 shares during the period. Jane Street Group LLC bought a new stake in shares of Invesco MSCI USA ETF in the third quarter valued at about $660,000. BNP Paribas Financial Markets boosted its position in shares of Invesco MSCI USA ETF by 26,605.3% in the third quarter. BNP Paribas Financial Markets now owns 10,148 shares of the company’s stock valued at $582,000 after acquiring an additional 10,110 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of Invesco MSCI USA ETF by 4.7% in the third quarter. Axxcess Wealth Management LLC now owns 405,865 shares of the company’s stock valued at $23,297,000 after acquiring an additional 18,386 shares during the period. Finally, Altus Wealth Group LLC boosted its position in shares of Invesco MSCI USA ETF by 45.9% in the third quarter. Altus Wealth Group LLC now owns 5,878 shares of the company’s stock valued at $337,000 after acquiring an additional 1,850 shares during the period.

Invesco MSCI USA ETF Stock Performance

Shares of Invesco MSCI USA ETF stock opened at $61.22 on Monday. Invesco MSCI USA ETF has a 52-week low of $24.94 and a 52-week high of $28.08. The firm has a 50-day moving average of $60.01 and a 200-day moving average of $57.65. The stock has a market cap of $5.49 billion, a PE ratio of 26.67 and a beta of 1.02.

Invesco MSCI USA ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.1871 per share. This is a boost 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.