Janney Montgomery Scott LLC Invests $1.54 Million in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Janney Montgomery Scott LLC acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,293 shares of the company’s stock, valued at approximately $1,543,000. Janney Montgomery Scott LLC owned approximately 0.34% of Invesco KBW Property & Casualty Insurance ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. HighTower Advisors LLC acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at approximately $22,390,000. First National Corp MA ADV bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at about $11,330,000. Raymond James & Associates acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth $3,071,000. Freedom Investment Management Inc. acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the third quarter worth about $2,735,000. Finally, Private Advisor Group LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth approximately $849,000.

Invesco KBW Property & Casualty Insurance ETF Price Performance

NASDAQ:KBWP opened at $113.71 on Tuesday. Invesco KBW Property & Casualty Insurance ETF has a fifty-two week low of $97.10 and a fifty-two week high of $127.17. The stock has a market cap of $426.41 million, a PE ratio of 19.40 and a beta of 0.66. The stock’s 50-day moving average is $117.47 and its two-hundred day moving average is $115.18.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued 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.