Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 858 shares, a decline of 38.0% from the August 15th total of 1,383 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,061 shares, the short-interest ratio is currently 0.8 days.
Invesco Active U.S. Real Estate ETF Stock Performance
Shares of NYSEARCA:PSR traded down $0.53 during trading hours on Friday, hitting $99.72. The stock had a trading volume of 547 shares, compared to its average volume of 2,173. The stock’s fifty day simple moving average is $104.28 and its 200 day simple moving average is $101.38. The firm has a market capitalization of $7.98 million, a price-to-earnings ratio of 34.44 and a beta of 0.93. Invesco Active U.S. Real Estate ETF has a 1-year low of $89.41 and a 1-year high of $108.78.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Main Street Group LTD acquired a new stake in Invesco Active U.S. Real Estate ETF in the first quarter worth about $28,000. Kestra Advisory Services LLC raised its position in shares of Invesco Active U.S. Real Estate ETF by 18.0% during the 1st quarter. Kestra Advisory Services LLC now owns 2,650 shares of the company’s stock worth $245,000 after buying an additional 404 shares in the last quarter. Gateway Wealth Partners LLC lifted its stake in shares of Invesco Active U.S. Real Estate ETF by 106.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 6,298 shares of the company’s stock worth $583,000 after acquiring an additional 3,246 shares during the period. Montz Harcus Wealth Management LLC boosted its holdings in shares of Invesco Active U.S. Real Estate ETF by 12.1% in the first quarter. Montz Harcus Wealth Management LLC now owns 10,698 shares of the company’s stock valued at $991,000 after acquiring an additional 1,156 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Invesco Active U.S. Real Estate ETF by 0.8% during the first quarter. Royal Bank of Canada now owns 12,892 shares of the company’s stock valued at $1,193,000 after acquiring an additional 102 shares during the period.
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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