Jones Financial Companies Lllp Buys 3,375 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Jones Financial Companies Lllp raised its stake in Invesco Building & Construction ETF (NYSEARCA:PKB) by 61.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,865 shares of the company’s stock after purchasing an additional 3,375 shares during the period. Jones Financial Companies Lllp owned approximately 0.21% of Invesco Building & Construction ETF worth $671,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Stifel Financial Corp boosted its holdings 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 purchasing an additional 3,496 shares during the period. Apollon Wealth Management LLC boosted its holdings in Invesco Building & Construction ETF by 11.8% in the 4th quarter. Apollon Wealth Management LLC now owns 40,792 shares of the company’s stock valued at $3,089,000 after purchasing an additional 4,313 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Invesco Building & Construction ETF in the 4th quarter valued at $1,665,000. DAVENPORT & Co LLC raised its stake in shares of Invesco Building & Construction ETF by 1.9% in the 4th quarter. DAVENPORT & Co LLC now owns 16,667 shares of the company’s stock valued at $1,262,000 after buying an additional 316 shares in the last quarter. Finally, Ibex Wealth Advisors acquired a new position in shares of Invesco Building & Construction ETF in the 4th quarter valued at $869,000.

Invesco Building & Construction ETF Stock Performance

Shares of PKB stock opened at $68.07 on Monday. Invesco Building & Construction ETF has a 52-week low of $65.93 and a 52-week high of $88.96. The stock has a market cap of $360.09 million, a price-to-earnings ratio of 17.96 and a beta of 1.40. The firm has a fifty day moving average of $75.88 and a 200-day moving average of $78.34.

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.