Mutual Advisors LLC Decreases Stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Mutual Advisors LLC lowered its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 0.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,800 shares of the company’s stock after selling 590 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco KBW Property & Casualty Insurance ETF were worth $8,093,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KBWP. FMR LLC increased its position 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 acquiring an additional 524 shares during the last quarter. Prospera Financial Services Inc purchased a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at $219,000. MinichMacGregor Wealth Management LLC bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth $344,000. Jane Street Group LLC raised its stake 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 purchasing an additional 418 shares during the period. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth about $489,000.

Invesco KBW Property & Casualty Insurance ETF Stock Down 0.7 %

KBWP opened at $114.03 on Thursday. The company’s 50-day moving average price is $118.62 and its two-hundred day moving average price is $114.59. Invesco KBW Property & Casualty Insurance ETF has a twelve month low of $96.26 and a twelve month high of $127.17. The stock has a market cap of $429.89 million, a price-to-earnings ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.7787 dividend. 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.