Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Shares Bought by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. raised its stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,103 shares of the company’s stock after acquiring an additional 144 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco KBW Property & Casualty Insurance ETF were worth $281,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brookstone Capital Management acquired a new position in Invesco KBW Property & Casualty Insurance ETF in the fourth quarter valued at approximately $241,000. Flagship Harbor Advisors LLC lifted its holdings in Invesco KBW Property & Casualty Insurance ETF by 16.5% in the third quarter. Flagship Harbor Advisors LLC now owns 3,311 shares of the company’s stock valued at $278,000 after acquiring an additional 470 shares during the period. Kingsview Wealth Management LLC lifted its holdings in Invesco KBW Property & Casualty Insurance ETF by 23.0% in the third quarter. Kingsview Wealth Management LLC now owns 8,702 shares of the company’s stock valued at $732,000 after acquiring an additional 1,625 shares during the period. Nilsine Partners LLC lifted its holdings 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 acquiring an additional 150 shares during the period. Finally, Raymond James & Associates raised its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 338.4% during the 4th quarter. Raymond James & Associates now owns 20,658 shares of the company’s stock worth $1,870,000 after buying an additional 15,946 shares during the period.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of KBWP stock opened at $104.61 on Tuesday. The company has a market cap of $314.88 million, a price-to-earnings ratio of 18.87 and a beta of 0.66. The stock has a 50 day simple moving average of $103.44 and a 200-day simple moving average of $95.47. Invesco KBW Property & Casualty Insurance ETF has a 1-year low of $78.65 and a 1-year high of $107.98.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a dividend of $0.4781 per share. This represents a $1.91 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco KBW Property & Casualty Insurance ETF Company 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.