Invesco MSCI USA ETF (PBUS)
Invesco MSCI USA ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $77.55, up 0.31% on the session, giving a market capitalisation of $11.77B. Its beta of 1.02 implies it has historically moved more than the broad market.
The Invesco MSCI USA ETF (PBUS) is designed to mirror the performance of the MSCI USA Index. The fund allocates a minimum of 90% of its total capital to the securities that comprise this underlying index. The benchmark itself tracks the performance of large and mid-sized U.S. companies, with its constituents weighted according to their free float-adjusted market capitalization. Both the ETF and its reference index undergo quarterly rebalancing and reconstitution processes, which take place on the last business day of February, May, August, and November. Please be aware that, effective after the market close on August 25, 2023, the fund's name was updated from Invesco PureBeta MSCI USA ETF to its current designation, Invesco MSCI USA ETF. This was solely a name change, and no other characteristics of the fund were altered. For complete information, kindly refer to the official prospectus.
Invesco MSCI USA ETF is most often compared with the following Financial Services names: