Fmr LLC Grows Stock Position in Invesco Building & Construction ETF (NYSEARCA:PKB)

Fmr LLC raised its holdings in Invesco Building & Construction ETF (NYSEARCA:PKB) by 31.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,216 shares of the company’s stock after buying an additional 1,258 shares during the quarter. Fmr LLC owned approximately 0.12% of Invesco Building & Construction ETF worth $415,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PKB. Commonwealth Equity Services LLC increased its holdings in shares of Invesco Building & Construction ETF by 4.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 9,858 shares of the company’s stock worth $668,000 after buying an additional 455 shares during the last quarter. Nilsine Partners LLC increased its stake in Invesco Building & Construction ETF by 1.4% during the second quarter. Nilsine Partners LLC now owns 22,853 shares of the company’s stock worth $1,550,000 after acquiring an additional 312 shares during the last quarter. Summit Financial LLC purchased a new position in shares of Invesco Building & Construction ETF in the 2nd quarter worth about $320,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco Building & Construction ETF by 85.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 30,344 shares of the company’s stock valued at $2,058,000 after purchasing an additional 13,985 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Invesco Building & Construction ETF by 6.8% in the 3rd quarter. Raymond James & Associates now owns 77,065 shares of the company’s stock valued at $6,132,000 after purchasing an additional 4,898 shares in the last quarter.

Invesco Building & Construction ETF Stock Performance

PKB opened at $76.43 on Friday. Invesco Building & Construction ETF has a 1 year low of $60.20 and a 1 year high of $88.96. The firm has a 50 day moving average price of $82.63 and a 200 day moving average price of $75.99. The company has a market cap of $319.48 million, a PE 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.