Invesco Building & Construction ETF (NYSEARCA:PKB) Shares Acquired by WMG Financial Advisors LLC

WMG Financial Advisors LLC increased its holdings in Invesco Building & Construction ETF (NYSEARCA:PKB) by 6.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,510 shares of the company’s stock after buying an additional 217 shares during the period. WMG Financial Advisors LLC owned about 0.08% of Invesco Building & Construction ETF worth $266,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of PKB. Janney Montgomery Scott LLC acquired a new position in shares of Invesco Building & Construction ETF in the 4th quarter valued at about $1,665,000. Ibex Wealth Advisors acquired a new position in shares of Invesco Building & Construction ETF in the 4th quarter valued at about $869,000. Apollon Wealth Management LLC boosted its holdings in shares of Invesco Building & Construction ETF by 11.8% in the 4th quarter. Apollon Wealth Management LLC now owns 40,792 shares of the company’s stock valued at $3,089,000 after buying an additional 4,313 shares during the period. Stifel Financial Corp lifted its position in Invesco Building & Construction ETF by 8.6% in the 3rd quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock valued at $3,515,000 after purchasing an additional 3,496 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Invesco Building & Construction ETF by 61.5% in the 4th quarter. Jones Financial Companies Lllp now owns 8,865 shares of the company’s stock valued at $671,000 after purchasing an additional 3,375 shares during the last quarter.

Invesco Building & Construction ETF Stock Down 3.0 %

Shares of NYSEARCA:PKB opened at $70.26 on Tuesday. The company has a market cap of $371.68 million, a PE ratio of 17.96 and a beta of 1.40. The company’s 50-day moving average price is $76.52 and its 200 day moving average price is $78.41. Invesco Building & Construction ETF has a fifty-two week low of $65.93 and a fifty-two week high of $88.96.

Invesco Building & Construction ETF 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.