Commonwealth Equity Services LLC Purchases 455 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Commonwealth Equity Services LLC increased its position in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,858 shares of the company’s stock after acquiring an additional 455 shares during the quarter. Commonwealth Equity Services LLC owned about 0.24% of Invesco Building & Construction ETF worth $668,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its stake in Invesco Building & Construction ETF by 11.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 24,202 shares of the company’s stock valued at $1,528,000 after purchasing an additional 2,413 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new position in Invesco Building & Construction ETF during the 4th quarter valued at approximately $205,000. SMI Advisory Services LLC acquired a new position in Invesco Building & Construction ETF during the 1st quarter valued at approximately $5,686,000. Accel Wealth Management acquired a new position in Invesco Building & Construction ETF during the 1st quarter valued at approximately $272,000. Finally, Outlook Wealth Advisors LLC acquired a new position in Invesco Building & Construction ETF during the 2nd quarter valued at approximately $962,000.

Invesco Building & Construction ETF Price Performance

PKB stock opened at $79.78 on Friday. The firm’s fifty day simple moving average is $72.87 and its 200-day simple moving average is $71.22. The company has a market capitalization of $333.48 million, a P/E ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a 12 month low of $46.67 and a 12 month high of $79.79.

Invesco Building & Construction ETF Profile

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.