Truist Financial Corp Raises Stock Holdings in Invesco Building & Construction ETF (NYSEARCA:PKB)

Truist Financial Corp grew its stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,131 shares of the company’s stock after buying an additional 2,081 shares during the period. Truist Financial Corp’s holdings in Invesco Building & Construction ETF were worth $2,849,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Carr Financial Group Corp raised its holdings in Invesco Building & Construction ETF by 57.3% during the third quarter. Carr Financial Group Corp now owns 10,976 shares of the company’s stock valued at $581,000 after acquiring an additional 3,997 shares during the period. DAVENPORT & Co LLC raised its stake in Invesco Building & Construction ETF by 49.4% during the 4th quarter. DAVENPORT & Co LLC now owns 15,097 shares of the company’s stock valued at $953,000 after purchasing an additional 4,994 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco Building & Construction ETF by 2.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 55,520 shares of the company’s stock worth $3,504,000 after purchasing an additional 1,106 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in Invesco Building & Construction ETF by 563.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 12,086 shares of the company’s stock worth $610,000 after purchasing an additional 10,264 shares during the period. Finally, Stifel Financial Corp grew its holdings in Invesco Building & Construction ETF by 1.1% during the 3rd quarter. Stifel Financial Corp now owns 43,372 shares of the company’s stock valued at $2,189,000 after buying an additional 476 shares in the last quarter.

Invesco Building & Construction ETF Stock Performance

PKB stock opened at $71.88 on Wednesday. The company’s fifty day moving average price is $70.97 and its 200-day moving average price is $63.41. Invesco Building & Construction ETF has a one year low of $45.61 and a one year high of $75.18. The company has a market capitalization of $295.43 million, a PE ratio of 12.63 and a beta of 1.37.

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.