Invesco Building & Construction ETF (NYSEARCA:PKB) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in Invesco Building & Construction ETF (NYSEARCA:PKB) by 0.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 456,682 shares of the company’s stock after selling 670 shares during the quarter. HighTower Advisors LLC owned approximately 10.93% of Invesco Building & Construction ETF worth $34,578,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. WMG Financial Advisors LLC lifted its stake in shares of Invesco Building & Construction ETF by 6.6% in the fourth quarter. WMG Financial Advisors LLC now owns 3,510 shares of the company’s stock worth $266,000 after acquiring an additional 217 shares in the last quarter. PFG Investments LLC raised its stake in Invesco Building & Construction ETF by 9.0% during the fourth quarter. PFG Investments LLC now owns 3,198 shares of the company’s stock valued at $242,000 after buying an additional 265 shares in the last quarter. KKM Financial LLC raised its stake in Invesco Building & Construction ETF by 4.8% during the third quarter. KKM Financial LLC now owns 6,061 shares of the company’s stock valued at $482,000 after buying an additional 279 shares in the last quarter. DAVENPORT & Co LLC raised its stake in Invesco Building & Construction ETF by 1.9% during the fourth 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, Spire Wealth Management raised its stake in Invesco Building & Construction ETF by 406.2% during the fourth quarter. Spire Wealth Management now owns 815 shares of the company’s stock valued at $62,000 after buying an additional 654 shares in the last quarter.

Invesco Building & Construction ETF Stock Up 2.9 %

Shares of NYSEARCA PKB opened at $68.64 on Friday. The stock’s 50 day moving average price is $75.02 and its two-hundred day moving average price is $78.05. 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 capitalization of $308.19 million, a P/E ratio of 16.48 and a beta of 1.42.

Invesco Building & Construction ETF Company Profile

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.