PCG Wealth Advisors LLC Invests $1.64 Million in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

PCG Wealth Advisors LLC bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 14,085 shares of the company’s stock, valued at approximately $1,635,000.

A number of other hedge funds also recently modified their holdings of the stock. HighTower Advisors LLC acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $22,390,000. First National Corp MA ADV acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $11,330,000. Kingsview Wealth Management LLC lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 1.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 58,537 shares of the company’s stock worth $6,764,000 after buying an additional 709 shares during the last quarter. Raymond James & Associates acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $3,071,000. Finally, Freedom Investment Management Inc. acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $2,735,000.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

NASDAQ:KBWP opened at $113.33 on Friday. Invesco KBW Property & Casualty Insurance ETF has a 52 week low of $96.34 and a 52 week high of $127.17. The firm has a market cap of $427.25 million, a price-to-earnings ratio of 19.40 and a beta of 0.66. The firm’s 50-day simple moving average is $118.33 and its 200 day simple moving average is $114.58.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.7787 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.