Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 2,472 shares, a growth of 137.9% from the June 30th total of 1,039 shares. Based on an average daily trading volume, of 1,913 shares, the short-interest ratio is presently 1.3 days. Currently, 0.4% of the company’s stock are sold short.
Invesco Active U.S. Real Estate ETF Trading Down 1.6%
Shares of PSR traded down $1.68 on Thursday, reaching $106.27. The company’s stock had a trading volume of 442 shares, compared to its average volume of 2,425. Invesco Active U.S. Real Estate ETF has a twelve month low of $89.15 and a twelve month high of $108.78. The stock has a market capitalization of $59.51 million, a PE ratio of 34.44 and a beta of 0.95. The firm has a fifty day moving average of $103.85 and a 200-day moving average of $99.16.
Hedge Funds Weigh In On Invesco Active U.S. Real Estate ETF
Several institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of Invesco Active U.S. Real Estate ETF during the 1st quarter valued at $377,000. Flow Traders U.S. LLC bought a new stake in Invesco Active U.S. Real Estate ETF in the 2nd quarter valued at about $210,000. Raymond James Financial Inc. raised its stake in Invesco Active U.S. Real Estate ETF by 2.7% in the 2nd quarter. Raymond James Financial Inc. now owns 14,644 shares of the company’s stock valued at $1,337,000 after acquiring an additional 382 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Invesco Active U.S. Real Estate ETF by 14.1% during the second quarter. Geneos Wealth Management Inc. now owns 3,230 shares of the company’s stock valued at $295,000 after purchasing an additional 400 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Invesco Active U.S. Real Estate ETF by 17.4% during the third quarter. Envestnet Asset Management Inc. now owns 6,844 shares of the company’s stock worth $634,000 after purchasing an additional 1,012 shares during the period.
Invesco Active U.S. Real Estate ETF Company Profile
PowerShares U.S. Real Estate Fund (the Fund) seeks high total return by investing in securities of companies that are principally engaged in the United States Real Estate industry and included within the FTSE NAREIT All Equity REITs Index. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk.
See Also
- Five stocks we like better than Invesco Active U.S. Real Estate ETF
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
- Tesla: After a Rough Quarter, 2 Very Different Futures Come Into Focus
Receive News & Ratings for Invesco Active U.S. Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Active U.S. Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
