Truist Financial Corp Buys 151 Shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Truist Financial Corp raised its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,361 shares of the company’s stock after buying an additional 151 shares during the quarter. Truist Financial Corp owned about 0.68% of Invesco KBW Property & Casualty Insurance ETF worth $2,943,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KBWP. New Wave Wealth Advisors LLC purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 4th quarter worth about $63,000. FMR LLC raised its position in Invesco KBW Property & Casualty Insurance ETF by 196.3% in the 3rd quarter. FMR LLC now owns 791 shares of the company’s stock worth $91,000 after buying an additional 524 shares during the last quarter. Prospera Financial Services Inc purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth about $219,000. Carr Financial Group Corp purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the 4th quarter worth about $258,000. Finally, MinichMacGregor Wealth Management LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth about $344,000.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

Shares of NASDAQ:KBWP opened at $116.73 on Wednesday. Invesco KBW Property & Casualty Insurance ETF has a fifty-two week low of $100.25 and a fifty-two week high of $127.17. The business has a 50-day simple moving average of $114.55 and a two-hundred day simple moving average of $116.10. The firm has a market cap of $436.57 million, a price-to-earnings ratio of 10.82 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.7787 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.