Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers lifted its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 12.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,529 shares of the company’s stock after acquiring an additional 1,431 shares during the quarter. Cetera Investment Advisers owned 0.43% of Invesco KBW Property & Casualty Insurance ETF worth $1,283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of 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 acquiring an additional 650,000 shares during the period. Fortis Group Advisors LLC acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the first quarter worth about $8,276,000. Kingsview Wealth Management LLC grew its position in Invesco KBW Property & Casualty Insurance ETF by 412.3% during the first quarter. Kingsview Wealth Management LLC now owns 61,495 shares of the company’s stock worth $6,626,000 after buying an additional 49,492 shares during the period. Focus Financial Network Inc. grew its position in Invesco KBW Property & Casualty Insurance ETF by 3.1% during the second quarter. Focus Financial Network Inc. now owns 19,103 shares of the company’s stock worth $2,071,000 after buying an additional 566 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in Invesco KBW Property & Casualty Insurance ETF by 33.0% during the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 11,998 shares of the company’s stock worth $1,293,000 after buying an additional 2,979 shares during the period.

Invesco KBW Property & Casualty Insurance ETF Trading Up 0.9 %

Shares of KBWP opened at $117.96 on Thursday. The firm’s 50-day moving average is $113.63 and its two-hundred day moving average is $107.72. Invesco KBW Property & Casualty Insurance ETF has a twelve month low of $84.71 and a twelve month high of $118.37. The firm has a market capitalization of $482.46 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.342 per share. This is a positive change from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.31. This represents a $1.37 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend was Monday, September 23rd.

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.