Avantax Advisory Services Inc. Raises Position in Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR)

Avantax Advisory Services Inc. boosted its stake in Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR) by 2.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,677 shares of the company’s stock after buying an additional 445 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco Active U.S. Real Estate ETF were worth $1,728,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of PSR. Raymond James Financial Inc. purchased a new stake in Invesco Active U.S. Real Estate ETF in the fourth quarter worth about $1,156,000. Integrity Wealth Advisors Inc. purchased a new stake in Invesco Active U.S. Real Estate ETF in the fourth quarter worth about $210,000. Tower Research Capital LLC TRC lifted its holdings in Invesco Active U.S. Real Estate ETF by 317.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,394 shares of the company’s stock worth $848,000 after buying an additional 7,146 shares during the period. Itau Unibanco Holding S.A. purchased a new stake in Invesco Active U.S. Real Estate ETF in the fourth quarter worth about $4,378,000. Finally, Cetera Investment Advisers lifted its holdings in Invesco Active U.S. Real Estate ETF by 12.2% in the fourth quarter. Cetera Investment Advisers now owns 14,308 shares of the company’s stock worth $1,292,000 after buying an additional 1,558 shares during the period.

Invesco Active U.S. Real Estate ETF Stock Performance

Shares of NYSEARCA PSR opened at $91.73 on Thursday. Invesco Active U.S. Real Estate ETF has a fifty-two week low of $80.33 and a fifty-two week high of $100.17. The company has a 50 day simple moving average of $91.99 and a two-hundred day simple moving average of $91.36. The company has a market capitalization of $55.96 million, a price-to-earnings ratio of 34.44 and a beta of 0.88.

Invesco Active U.S. Real Estate ETF Company Profile

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.