Invesco Building & Construction ETF (NYSEARCA:PKB) Holdings Increased by WMG Financial Advisors LLC

WMG Financial Advisors LLC grew its stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 6.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,510 shares of the company’s stock after buying an additional 217 shares during the quarter. WMG Financial Advisors LLC’s holdings in Invesco Building & Construction ETF were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC raised its position in shares of Invesco Building & Construction ETF by 31.8% during the 3rd quarter. FMR LLC now owns 5,216 shares of the company’s stock worth $415,000 after buying an additional 1,258 shares in the last quarter. MML Investors Services LLC bought a new stake in shares of Invesco Building & Construction ETF in the 3rd quarter worth approximately $213,000. Janney Montgomery Scott LLC bought a new stake in shares of Invesco Building & Construction ETF in the 4th quarter worth approximately $1,665,000. Stifel Financial Corp raised its holdings in shares of Invesco Building & Construction ETF by 8.6% in the 3rd quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock worth $3,515,000 after purchasing an additional 3,496 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in shares of Invesco Building & Construction ETF by 3.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 36,479 shares of the company’s stock worth $2,903,000 after purchasing an additional 1,129 shares in the last quarter.

Invesco Building & Construction ETF Price Performance

NYSEARCA PKB opened at $70.26 on Tuesday. The company’s 50 day simple moving average is $76.52 and its 200 day simple moving average is $78.41. Invesco Building & Construction ETF has a 12 month low of $65.93 and a 12 month high of $88.96. The company has a market capitalization of $371.68 million, a P/E ratio of 17.96 and a beta of 1.40.

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.