Geneos Wealth Management Inc. Buys Shares of 798 Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Geneos Wealth Management Inc. bought a new stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the fourth quarter, Holdings Channel.com reports. The firm bought 798 shares of the company’s stock, valued at approximately $72,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Citadel Advisors LLC raised its position in Invesco KBW Property & Casualty Insurance ETF by 1.7% in the second quarter. Citadel Advisors LLC now owns 7,070 shares of the company’s stock valued at $579,000 after purchasing an additional 121 shares during the period. Cetera Investment Advisers raised its position in Invesco KBW Property & Casualty Insurance ETF by 4.4% in the first quarter. Cetera Investment Advisers now owns 2,943 shares of the company’s stock valued at $256,000 after purchasing an additional 125 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Invesco KBW Property & Casualty Insurance ETF by 4.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 3,103 shares of the company’s stock valued at $281,000 after purchasing an additional 144 shares during the period. Nilsine Partners LLC raised its position in Invesco KBW Property & Casualty Insurance ETF by 1.0% in the third quarter. Nilsine Partners LLC now owns 15,746 shares of the company’s stock valued at $1,324,000 after purchasing an additional 150 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in Invesco KBW Property & Casualty Insurance ETF in the first quarter valued at $28,000.

Invesco KBW Property & Casualty Insurance ETF Stock Up 0.5 %

NASDAQ:KBWP opened at $102.07 on Wednesday. The company has a market capitalization of $306.21 million, a P/E ratio of 18.87 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a 52 week low of $78.65 and a 52 week high of $107.98. The stock’s fifty day moving average is $103.11 and its two-hundred day moving average is $94.94.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.4781 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.91 annualized dividend and a dividend yield of 1.87%.

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.