Invesco Building & Construction ETF (NYSEARCA:PKB) Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC cut its stake in Invesco Building & Construction ETF (NYSEARCA:PKB) by 25.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,856 shares of the company’s stock after selling 3,030 shares during the period. Wealthcare Advisory Partners LLC owned about 0.22% of Invesco Building & Construction ETF worth $663,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in Invesco Building & Construction ETF by 3.0% during the 3rd quarter. LPL Financial LLC now owns 175,361 shares of the company’s stock worth $8,849,000 after purchasing an additional 5,171 shares during the last quarter. SMI Advisory Services LLC purchased a new position in shares of Invesco Building & Construction ETF during the first quarter worth about $5,686,000. Raymond James Financial Services Advisors Inc. increased its position in Invesco Building & Construction ETF by 2.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 55,520 shares of the company’s stock valued at $3,504,000 after acquiring an additional 1,106 shares during the period. Truist Financial Corp raised its stake in Invesco Building & Construction ETF by 4.8% during the 4th quarter. Truist Financial Corp now owns 45,131 shares of the company’s stock valued at $2,849,000 after acquiring an additional 2,081 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in Invesco Building & Construction ETF by 1.1% during the 3rd quarter. Stifel Financial Corp now owns 43,372 shares of the company’s stock worth $2,189,000 after acquiring an additional 476 shares during the period.

Invesco Building & Construction ETF Stock Down 0.1 %

Shares of NYSEARCA:PKB opened at $67.81 on Friday. Invesco Building & Construction ETF has a 52 week low of $46.67 and a 52 week high of $75.18. The company has a 50-day moving average price of $70.21 and a 200 day moving average price of $67.79. The company has a market cap of $283.45 million, a P/E ratio of 13.36 and a beta of 1.43.

About Invesco Building & Construction ETF

PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.