Janney Montgomery Scott LLC Invests $1.67 Million in Invesco Building & Construction ETF (NYSEARCA:PKB)

Janney Montgomery Scott LLC purchased a new stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 21,986 shares of the company’s stock, valued at approximately $1,665,000. Janney Montgomery Scott LLC owned 0.53% of Invesco Building & Construction ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James & Associates grew its holdings in Invesco Building & Construction ETF by 6.8% in the third quarter. Raymond James & Associates now owns 77,065 shares of the company’s stock worth $6,132,000 after purchasing an additional 4,898 shares during the period. Stifel Financial Corp lifted its position in Invesco Building & Construction ETF by 8.6% in the 3rd quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock valued at $3,515,000 after acquiring an additional 3,496 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of Invesco Building & Construction ETF by 3.2% during the third quarter. Apollon Wealth Management LLC now owns 36,479 shares of the company’s stock valued at $2,903,000 after buying an additional 1,129 shares during the last quarter. Outlook Wealth Advisors LLC grew its stake in shares of Invesco Building & Construction ETF by 4.8% in the third quarter. Outlook Wealth Advisors LLC now owns 14,868 shares of the company’s stock worth $1,183,000 after acquiring an additional 684 shares during the period. Finally, Private Advisor Group LLC grew its position in Invesco Building & Construction ETF by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 9,108 shares of the company’s stock worth $725,000 after purchasing an additional 314 shares during the period.

Invesco Building & Construction ETF Stock Performance

Invesco Building & Construction ETF stock opened at $77.14 on Monday. Invesco Building & Construction ETF has a one year low of $62.03 and a one year high of $88.96. The stock has a fifty day moving average of $80.16 and a 200 day moving average of $77.99. The stock has a market cap of $322.45 million, a PE ratio of 13.36 and a beta of 1.43.

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.