Global Trust Asset Management LLC Acquires New Holdings in Invesco Building & Construction ETF (NYSEARCA:PKB)

Global Trust Asset Management LLC bought a new position in Invesco Building & Construction ETF (NYSEARCA:PKB) during the 3rd quarter, HoldingsChannel reports. The firm bought 1,225 shares of the company’s stock, valued at approximately $97,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Accel Wealth Management acquired a new stake in shares of Invesco Building & Construction ETF during the first quarter worth about $272,000. Commonwealth Equity Services LLC raised its holdings in Invesco Building & Construction ETF by 2.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 9,403 shares of the company’s stock worth $704,000 after buying an additional 250 shares during the period. Outlook Wealth Advisors LLC bought a new position in Invesco Building & Construction ETF in the second quarter valued at approximately $962,000. Apollon Wealth Management LLC acquired a new position in shares of Invesco Building & Construction ETF in the second quarter valued at approximately $2,397,000. Finally, Nilsine Partners LLC boosted its holdings in shares of Invesco Building & Construction ETF by 1.4% in the second quarter. Nilsine Partners LLC now owns 22,853 shares of the company’s stock valued at $1,550,000 after buying an additional 312 shares during the period.

Invesco Building & Construction ETF Stock Down 1.5 %

Shares of NYSEARCA:PKB opened at $77.80 on Friday. The firm has a market cap of $325.21 million, a price-to-earnings ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a 12 month low of $46.70 and a 12 month high of $83.17. The company’s fifty day simple moving average is $76.78 and its 200 day simple moving average is $72.58.

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.