Janney Montgomery Scott LLC Acquires New Holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Janney Montgomery Scott LLC acquired a new stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWPFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,702 shares of the company’s stock, valued at approximately $426,000. Janney Montgomery Scott LLC owned 0.22% of Invesco KBW Property & Casualty Insurance ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. raised its holdings in Invesco KBW Property & Casualty Insurance ETF by 4.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 3,103 shares of the company’s stock valued at $281,000 after buying an additional 144 shares during the period. Geneos Wealth Management Inc. purchased a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter worth about $72,000. Advisors Preferred LLC purchased a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter worth about $153,000. DAVENPORT & Co LLC increased its stake in Invesco KBW Property & Casualty Insurance ETF by 13.1% during the fourth quarter. DAVENPORT & Co LLC now owns 15,174 shares of the company’s stock worth $1,373,000 after purchasing an additional 1,752 shares during the period. Finally, Hudock Inc. purchased a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter worth about $209,000.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of NASDAQ:KBWP opened at $104.50 on Thursday. The firm has a market capitalization of $311.41 million, a PE ratio of 19.40 and a beta of 0.66. The firm’s 50-day moving average is $104.87 and its two-hundred day moving average is $99.38. Invesco KBW Property & Casualty Insurance ETF has a 1 year low of $79.30 and a 1 year high of $107.99.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

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

Invesco KBW Property & Casualty Insurance ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

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