Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 28.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,960 shares of the company’s stock after buying an additional 2,423 shares during the quarter. Axxcess Wealth Management LLC owned about 0.38% of Invesco KBW Property & Casualty Insurance ETF worth $1,123,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new stake in Invesco KBW Property & Casualty Insurance ETF during the 4th quarter worth about $426,000. Focus Financial Network Inc. ADV purchased a new stake in Invesco KBW Property & Casualty Insurance ETF in the 4th quarter worth approximately $1,698,000. Commonwealth Equity Services LLC lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 2.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 8,846 shares of the company’s stock valued at $953,000 after purchasing an additional 244 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Invesco KBW Property & Casualty Insurance ETF by 160.5% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,055,000 shares of the company’s stock worth $113,676,000 after buying an additional 650,000 shares in the last quarter. Finally, Fortis Group Advisors LLC acquired a new stake in Invesco KBW Property & Casualty Insurance ETF during the first quarter valued at $8,276,000.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

Shares of Invesco KBW Property & Casualty Insurance ETF stock opened at $115.41 on Friday. The firm has a 50-day simple moving average of $110.10 and a two-hundred day simple moving average of $106.21. Invesco KBW Property & Casualty Insurance ETF has a fifty-two week low of $82.64 and a fifty-two week high of $116.95. The company has a market cap of $333.53 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Company Profile

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.