Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,244 shares, a decline of 49.7% from the July 15th total of 2,472 shares. Based on an average daily volume of 1,624 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.
Hedge Funds Weigh In On Invesco Active U.S. Real Estate ETF
Institutional investors have recently bought and sold shares of the stock. Itau Unibanco Holding S.A. increased its position in shares of Invesco Active U.S. Real Estate ETF by 85.5% during the fourth quarter. Itau Unibanco Holding S.A. now owns 46,330 shares of the company’s stock valued at $4,185,000 after acquiring an additional 21,350 shares in the last quarter. Virtu Financial LLC bought a new stake in Invesco Active U.S. Real Estate ETF during the 3rd quarter worth approximately $1,886,000. Cetera Investment Advisers raised its holdings in Invesco Active U.S. Real Estate ETF by 12.7% during the first quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock valued at $5,373,000 after acquiring an additional 6,553 shares during the period. Jane Street Group LLC bought a new stake in shares of Invesco Active U.S. Real Estate ETF during the first quarter valued at approximately $377,000. Finally, Orion Porfolio Solutions LLC purchased a new stake in shares of Invesco Active U.S. Real Estate ETF in the fourth quarter worth about $313,000.
Invesco Active U.S. Real Estate ETF Stock Down 0.8%
Shares of Invesco Active U.S. Real Estate ETF stock traded down $0.81 during trading on Monday, reaching $104.55. The company’s stock had a trading volume of 665 shares, compared to its average volume of 2,334. Invesco Active U.S. Real Estate ETF has a 52-week low of $89.41 and a 52-week high of $108.78. The firm’s 50-day moving average is $104.64 and its two-hundred day moving average is $100.30. The company has a market cap of $59.59 million, a price-to-earnings ratio of 34.44 and a beta of 0.94.
About Invesco Active U.S. Real Estate ETF
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.
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