Apollon Wealth Management LLC Has $3.09 Million Holdings in Invesco Building & Construction ETF (NYSEARCA:PKB)

Apollon Wealth Management LLC boosted its position in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 11.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,792 shares of the company’s stock after purchasing an additional 4,313 shares during the period. Apollon Wealth Management LLC owned about 0.98% of Invesco Building & Construction ETF worth $3,089,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates grew its holdings in shares of Invesco Building & Construction ETF by 6.8% during the third quarter. Raymond James & Associates now owns 77,065 shares of the company’s stock worth $6,132,000 after buying an additional 4,898 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Invesco Building & Construction ETF by 8.6% in the third 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. Janney Montgomery Scott LLC bought a new stake in shares of Invesco Building & Construction ETF in the fourth quarter worth $1,665,000. DAVENPORT & Co LLC boosted its holdings in Invesco Building & Construction ETF by 1.9% during the fourth quarter. DAVENPORT & Co LLC now owns 16,667 shares of the company’s stock worth $1,262,000 after purchasing an additional 316 shares during the last quarter. Finally, Outlook Wealth Advisors LLC grew its position in Invesco Building & Construction ETF by 4.8% in the third quarter. Outlook Wealth Advisors LLC now owns 14,868 shares of the company’s stock valued at $1,183,000 after purchasing an additional 684 shares in the last quarter.

Invesco Building & Construction ETF Price Performance

Shares of NYSEARCA PKB opened at $77.05 on Monday. The business has a 50-day moving average of $79.10 and a 200-day moving average of $78.12. The stock has a market capitalization of $322.07 million, a price-to-earnings ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a fifty-two week low of $63.37 and a fifty-two week high of $88.96.

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.