Royal Bank of Canada Trims Stock Holdings in Invesco MSCI USA ETF $PBUS

Royal Bank of Canada lowered its position in shares of Invesco MSCI USA ETF (BATS:PBUS) by 96.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 900 shares of the company’s stock after selling 27,889 shares during the quarter. Royal Bank of Canada’s holdings in Invesco MSCI USA ETF were worth $59,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its stake in Invesco MSCI USA ETF by 110.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 526 shares of the company’s stock valued at $33,000 after purchasing an additional 276 shares during the last quarter. Vestcor Inc raised its stake in shares of Invesco MSCI USA ETF by 0.6% in the fourth quarter. Vestcor Inc now owns 134,953 shares of the company’s stock worth $9,238,000 after purchasing an additional 780 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Invesco MSCI USA ETF by 1,298.6% during the third quarter. Bank of America Corp DE now owns 1,035 shares of the company’s stock worth $69,000 after purchasing an additional 961 shares during the period. Altus Wealth Group LLC lifted its holdings in shares of Invesco MSCI USA ETF by 3.7% during the first quarter. Altus Wealth Group LLC now owns 37,267 shares of the company’s stock worth $2,429,000 after purchasing an additional 1,339 shares during the period. Finally, MML Investors Services LLC raised its position in Invesco MSCI USA ETF by 5.6% during the 2nd quarter. MML Investors Services LLC now owns 44,817 shares of the company’s stock worth $2,787,000 after buying an additional 2,371 shares during the last quarter.

Invesco MSCI USA ETF Stock Performance

BATS:PBUS opened at $76.68 on Thursday. Invesco MSCI USA ETF has a one year low of $63.03 and a one year high of $78.22. The firm has a market cap of $10.15 billion, a price-to-earnings ratio of 26.20 and a beta of 1.03. The firm’s fifty day moving average is $75.78 and its two-hundred day moving average is $72.44.

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.