PBUS Stock Summary and Trading Ideas (Invesco MSCI USA ETF | BATS:PBUS)

The Invesco MSCI USA ETF (Fund ) is based on the MSCI USA Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The index measures the performance in the large- and mid-capitalization segments of the US equity market and weights securities by their free float-adjusted market capitalization. The Fund and the Index are rebalanced and reconstituted quarterly on the last business day of February, May, August and November.

Invesco MSCI USA ETF trades on the BATS stock market under the symbol PBUS.

As of May 23, 2024, PBUS stock price declined to $52.63 with 53,513 million shares trading.

PBUS has a beta of 1.02, meaning it tends to be more sensitive to market movements. PBUS has a correlation of 1.00 to the broad based SPY ETF.

PBUS has a market cap of $4.81 billion. This is considered a Mid Cap stock.

In the last 3 years, PBUS stock traded as high as $53.40 and as low as $35.34.

PBUS has outperformed the market in the last year with a return of +27.8%, while the SPY ETF gained +27.2%. However, in the most recent history, PBUS shares have underperformed the stock market with its stock returning +3.8% in the last 3 month period and +1.5% for the last 2 week period, while SPY has returned +4.0% and +1.7%, respectively.

PBUS support price is $52.62 and resistance is $53.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PBUS stock will trade within this expected range on the day.