Raymond James Financial Services Advisors Inc. boosted its position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP – Free Report) by 6.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,055 shares of the company’s stock after purchasing an additional 1,230 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.76% of Invesco KBW Property & Casualty Insurance ETF worth $1,560,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Raymond James & Associates raised its position in shares of Invesco KBW Property & Casualty Insurance ETF by 1.1% during the 2nd quarter. Raymond James & Associates now owns 29,157 shares of the company’s stock worth $2,387,000 after buying an additional 319 shares in the last quarter. Ameritas Advisory Services LLC raised its position in shares of Invesco KBW Property & Casualty Insurance ETF by 237.6% during the 2nd quarter. Ameritas Advisory Services LLC now owns 3,140 shares of the company’s stock worth $257,000 after buying an additional 2,210 shares in the last quarter. DAVENPORT & Co LLC raised its position in shares of Invesco KBW Property & Casualty Insurance ETF by 7.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 13,595 shares of the company’s stock worth $1,113,000 after buying an additional 885 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of Invesco KBW Property & Casualty Insurance ETF by 1.7% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 12,726 shares of the company’s stock worth $1,042,000 after buying an additional 213 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 2nd quarter worth about $233,000.
Invesco KBW Property & Casualty Insurance ETF Trading Up 0.8 %
KBWP stock opened at $87.15 on Thursday. The firm’s 50-day moving average is $84.57 and its two-hundred day moving average is $83.30. The company has a market capitalization of $154.26 million, a price-to-earnings ratio of 15.20 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a 52 week low of $78.16 and a 52 week high of $92.03.
Invesco KBW Property & Casualty Insurance ETF Dividend Announcement
About Invesco KBW Property & Casualty Insurance ETF
The Invesco KBW Property & Casualty Insurance ETF (KBWP) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a modified market-cap-weighted index focused exclusively on property & casualty insurance companies in the US. KBWP was launched on Dec 2, 2010 and is managed by Invesco.
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