Wealthcare Advisory Partners LLC Sells 581 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Wealthcare Advisory Partners LLC cut its holdings in Invesco Building & Construction ETF (NYSEARCA:PKB) by 8.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,647 shares of the company’s stock after selling 581 shares during the quarter. Wealthcare Advisory Partners LLC owned approximately 0.16% of Invesco Building & Construction ETF worth $503,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PKB. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Building & Construction ETF by 85.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 30,344 shares of the company’s stock worth $2,058,000 after purchasing an additional 13,985 shares in the last quarter. Raymond James & Associates increased its stake in 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 buying an additional 4,898 shares during the last quarter. Stifel Financial Corp boosted its position in Invesco Building & Construction ETF by 8.6% in the third quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock worth $3,515,000 after purchasing an additional 3,496 shares during the last quarter. PFG Investments LLC purchased a new position in Invesco Building & Construction ETF in the third quarter valued at about $233,000. Finally, MML Investors Services LLC bought a new stake in shares of Invesco Building & Construction ETF in the third quarter valued at $213,000.

Invesco Building & Construction ETF Stock Up 0.7 %

NYSEARCA PKB opened at $81.00 on Tuesday. Invesco Building & Construction ETF has a 12-month low of $60.74 and a 12-month high of $88.96. The company’s 50 day moving average is $80.97 and its 200-day moving average is $77.41. The firm has a market cap of $338.58 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.