Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 1.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,537 shares of the company’s stock after acquiring an additional 709 shares during the quarter. Kingsview Wealth Management LLC owned 1.56% of Invesco KBW Property & Casualty Insurance ETF worth $6,764,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of KBWP. Fifth Third Securities Inc. acquired a new stake in Invesco KBW Property & Casualty Insurance ETF in the second quarter valued at approximately $767,000. AdvisorNet Financial Inc grew its position in shares of Invesco KBW Property & Casualty Insurance ETF by 8.5% during the second quarter. AdvisorNet Financial Inc now owns 1,323 shares of the company’s stock worth $135,000 after buying an additional 104 shares in the last quarter. Focus Financial Network Inc. grew its position in shares of Invesco KBW Property & Casualty Insurance ETF by 3.1% during the second quarter. Focus Financial Network Inc. now owns 19,103 shares of the company’s stock worth $2,071,000 after buying an additional 566 shares in the last quarter. WBI Investments LLC grew its position in shares of Invesco KBW Property & Casualty Insurance ETF by 6.7% during the second quarter. WBI Investments LLC now owns 2,231 shares of the company’s stock worth $229,000 after buying an additional 140 shares in the last quarter. Finally, Hudock Inc. acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the second quarter worth approximately $240,000.

Invesco KBW Property & Casualty Insurance ETF Trading Up 0.7 %

KBWP stock opened at $124.19 on Friday. Invesco KBW Property & Casualty Insurance ETF has a twelve month low of $88.03 and a twelve month high of $124.32. The company has a market capitalization of $465.71 million, a P/E ratio of 19.40 and a beta of 0.66. The firm has a 50 day simple moving average of $117.29 and a 200-day simple moving average of $110.50.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.342 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.37 dividend on an annualized basis and a dividend yield of 1.10%. This is an increase from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.31.

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.