Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 816 shares, an increase of 27,100.0% from the April 30th total of 3 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 9,243 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of PSR. Itau Unibanco Holding S.A. grew its stake 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 buying an additional 21,350 shares during the last quarter. Virtu Financial LLC bought a new position in Invesco Active U.S. Real Estate ETF in the third quarter worth approximately $1,886,000. Cetera Investment Advisers grew its stake in Invesco Active U.S. Real Estate ETF by 12.7% in the first quarter. Cetera Investment Advisers now owns 58,028 shares of the company’s stock worth $5,373,000 after purchasing an additional 6,553 shares in the last quarter. Jane Street Group LLC bought a new position in Invesco Active U.S. Real Estate ETF in the first quarter worth approximately $377,000. Finally, Orion Porfolio Solutions LLC bought a new position in Invesco Active U.S. Real Estate ETF in the fourth quarter worth approximately $313,000.
Invesco Active U.S. Real Estate ETF Stock Performance
PSR opened at $102.74 on Friday. The stock has a market cap of $52.40 million, a price-to-earnings ratio of 34.44 and a beta of 0.97. The stock’s 50 day moving average price is $98.39 and its 200-day moving average price is $95.18. Invesco Active U.S. Real Estate ETF has a one year low of $89.15 and a one year high of $103.44.
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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