MML Investors Services LLC Takes Position in Invesco Building & Construction ETF (NYSEARCA:PKB)

MML Investors Services LLC bought a new stake in Invesco Building & Construction ETF (NYSEARCA:PKB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,671 shares of the company’s stock, valued at approximately $213,000. MML Investors Services LLC owned about 0.06% of Invesco Building & Construction ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Trust Asset Management LLC acquired a new position in Invesco Building & Construction ETF during the third quarter worth approximately $97,000. PFG Investments LLC acquired a new position in shares of Invesco Building & Construction ETF during the 3rd quarter worth approximately $233,000. Summit Financial LLC bought a new stake in Invesco Building & Construction ETF in the 2nd quarter valued at $320,000. FMR LLC raised its stake in Invesco Building & Construction ETF by 31.8% in the 3rd quarter. FMR LLC now owns 5,216 shares of the company’s stock valued at $415,000 after acquiring an additional 1,258 shares during the period. Finally, KKM Financial LLC lifted its holdings in Invesco Building & Construction ETF by 4.8% during the 3rd quarter. KKM Financial LLC now owns 6,061 shares of the company’s stock valued at $482,000 after purchasing an additional 279 shares during the last quarter.

Invesco Building & Construction ETF Stock Performance

Shares of PKB stock opened at $77.55 on Friday. Invesco Building & Construction ETF has a 52 week low of $60.20 and a 52 week high of $88.96. The company has a market capitalization of $324.16 million, a price-to-earnings ratio of 13.36 and a beta of 1.43. The company has a 50-day simple moving average of $82.31 and a 200 day simple moving average of $76.26.

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.