National Pension Service Trims Stake in Invesco MSCI USA ETF $PBUS

National Pension Service lessened its holdings in Invesco MSCI USA ETF (BATS:PBUS) by 32.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,382,366 shares of the company’s stock after selling 23,249,419 shares during the quarter. Invesco MSCI USA ETF makes up about 2.5% of National Pension Service’s investment portfolio, making the stock its 6th largest holding. National Pension Service owned about 35.79% of Invesco MSCI USA ETF worth $3,176,988,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Invesco MSCI USA ETF by 99.2% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,010,335 shares of the company’s stock worth $560,263,000 after buying an additional 4,487,218 shares during the last quarter. Metis Global Partners LLC raised its stake in Invesco MSCI USA ETF by 4,866.4% during the second quarter. Metis Global Partners LLC now owns 2,150,484 shares of the company’s stock worth $133,717,000 after acquiring an additional 2,107,183 shares during the period. Panagora Asset Management Inc. bought a new position in Invesco MSCI USA ETF in the second quarter worth about $102,553,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Invesco MSCI USA ETF by 68.3% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 425,085 shares of the company’s stock valued at $26,432,000 after acquiring an additional 172,453 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of Invesco MSCI USA ETF by 112.0% during the second quarter. Cetera Investment Advisers now owns 192,454 shares of the company’s stock valued at $11,967,000 after purchasing an additional 101,666 shares during the last quarter.

Invesco MSCI USA ETF Price Performance

Shares of PBUS opened at $69.32 on Friday. The company has a market cap of $9.18 billion, a P/E ratio of 26.20 and a beta of 1.03. The stock has a fifty day moving average price of $68.88 and a 200 day moving average price of $66.92. Invesco MSCI USA ETF has a 12 month low of $48.30 and a 12 month high of $63.88.

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.