Commonwealth Equity Services LLC Buys 241 Shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Commonwealth Equity Services LLC grew its stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 3.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,020 shares of the company’s stock after acquiring an additional 241 shares during the period. Commonwealth Equity Services LLC owned 0.19% of Invesco KBW Property & Casualty Insurance ETF worth $815,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of KBWP. Truist Financial Corp grew its stake in Invesco KBW Property & Casualty Insurance ETF by 0.6% in the fourth quarter. Truist Financial Corp now owns 25,361 shares of the company’s stock worth $2,943,000 after purchasing an additional 151 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 1.1% in the 4th quarter. DAVENPORT & Co LLC now owns 16,272 shares of the company’s stock worth $1,889,000 after buying an additional 183 shares during the period. Jane Street Group LLC grew its position in shares of Invesco KBW Property & Casualty Insurance ETF by 11.9% during the 3rd quarter. Jane Street Group LLC now owns 3,923 shares of the company’s stock worth $453,000 after buying an additional 418 shares in the last quarter. FMR LLC increased its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 196.3% during the third quarter. FMR LLC now owns 791 shares of the company’s stock valued at $91,000 after buying an additional 524 shares during the period. Finally, New Wave Wealth Advisors LLC purchased a new stake in Invesco KBW Property & Casualty Insurance ETF in the fourth quarter worth about $63,000.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

NASDAQ KBWP opened at $125.01 on Thursday. Invesco KBW Property & Casualty Insurance ETF has a one year low of $100.25 and a one year high of $127.17. The company has a market capitalization of $467.54 million, a price-to-earnings ratio of 12.70 and a beta of 0.66. The company’s 50-day simple moving average is $117.68 and its two-hundred day simple moving average is $117.62.

Invesco KBW Property & Casualty Insurance ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.6509 per share. The ex-dividend date was Monday, March 24th.

About Invesco KBW Property & Casualty Insurance ETF

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.