WMG Financial Advisors LLC Has $296,000 Holdings in Invesco Building & Construction ETF $PKB

WMG Financial Advisors LLC cut its position in Invesco Building & Construction ETF (NYSEARCA:PKB) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,684 shares of the company’s stock after selling 192 shares during the period. WMG Financial Advisors LLC owned 0.13% of Invesco Building & Construction ETF worth $296,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. DAVENPORT & Co LLC raised its stake in shares of Invesco Building & Construction ETF by 3.1% in the second quarter. DAVENPORT & Co LLC now owns 17,265 shares of the company’s stock worth $1,387,000 after acquiring an additional 521 shares during the last quarter. Accel Wealth Management raised its stake in shares of Invesco Building & Construction ETF by 17.7% in the second quarter. Accel Wealth Management now owns 6,248 shares of the company’s stock worth $502,000 after acquiring an additional 940 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Invesco Building & Construction ETF in the second quarter worth about $210,000. Farther Finance Advisors LLC bought a new position in shares of Invesco Building & Construction ETF in the second quarter worth about $121,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Invesco Building & Construction ETF by 1,539.1% in the first quarter. Goldman Sachs Group Inc. now owns 47,207 shares of the company’s stock worth $3,178,000 after acquiring an additional 44,327 shares during the last quarter.

Invesco Building & Construction ETF Trading Down 1.6%

Shares of NYSEARCA PKB opened at $94.14 on Friday. Invesco Building & Construction ETF has a 1-year low of $59.89 and a 1-year high of $96.05. The company has a market cap of $295.60 million, a PE ratio of 21.37 and a beta of 1.26. The company has a 50-day moving average of $92.03 and a two-hundred day moving average of $81.34.

About Invesco Building & Construction ETF

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.