LPL Financial LLC Trims Position in Invesco Active U.S. Real Estate ETF (PSR) – Free Report

The Invesco Active U.S. Real Estate ETF (NYSEARCA: PSR) has been making waves in the market recently, with institutional investors like LPL Financial LLC making moves to adjust their positions. In the third quarter, LPL Financial LLC trimmed its holdings in the ETF by 10.5%, selling off 7,780 shares and ending up with 66,265 shares worth $5,235,000. This move comes as part of a trend among hedge funds, with others like Wells Fargo & Company MN, Atlas Private Wealth Advisors, and Morgan Stanley also adjusting their stakes in the ETF.

Despite these adjustments, the Invesco Active U.S. Real Estate ETF stock saw a 0.4% increase, opening at $89.10 on Friday. The ETF has shown resilience with a 50-day moving average of $88.10 and a two-hundred day moving average of $84.65. With a market cap of $111.37 million, a P/E ratio of 41.84, and a beta of 0.88, the ETF continues to draw investor interest.

The Fund seeks high total return by investing in U.S. real estate industry securities, included within the FTSE NAREIT All Equity REITs Index. It selects investments primarily from securities within this index at the time of purchase, aiming for growth and stability in the real estate market.

For those looking to stay informed on the latest moves and trends in the Invesco Active U.S. Real Estate ETF, platforms like HoldingsChannel.com offer access to 13F filings and insider trades. Keeping an eye on these developments can help investors make informed decisions about their portfolios and stay ahead of market changes.