Legacy Capital Group California Inc. Invests $334,000 in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Legacy Capital Group California Inc. acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 2,875 shares of the company’s stock, valued at approximately $334,000.

A number of other large investors also recently modified their holdings of the company. New Wave Wealth Advisors LLC purchased a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter valued at about $63,000. FMR LLC boosted its holdings in Invesco KBW Property & Casualty Insurance ETF by 196.3% during the 3rd quarter. FMR LLC now owns 791 shares of the company’s stock valued at $91,000 after acquiring an additional 524 shares during the period. Prospera Financial Services Inc purchased a new stake in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at about $219,000. Carr Financial Group Corp bought a new position in Invesco KBW Property & Casualty Insurance ETF during the 4th quarter worth approximately $258,000. Finally, MinichMacGregor Wealth Management LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth approximately $344,000.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

NASDAQ:KBWP opened at $112.85 on Friday. 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 firm has a market cap of $422.06 million, a PE ratio of 10.82 and a beta of 0.66. The business has a 50 day moving average price of $114.79 and a 200-day moving average price of $115.76.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

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

Invesco KBW Property & Casualty Insurance ETF 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.