Cetera Investment Advisers Purchases 3,058 Shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Cetera Investment Advisers grew its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 20.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,181 shares of the company’s stock after buying an additional 3,058 shares during the quarter. Cetera Investment Advisers owned approximately 0.49% of Invesco KBW Property & Casualty Insurance ETF worth $2,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in Invesco KBW Property & Casualty Insurance ETF by 3.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,020 shares of the company’s stock worth $815,000 after buying an additional 241 shares during the last quarter. Truist Financial Corp grew its stake in Invesco KBW Property & Casualty Insurance ETF by 0.6% during the fourth quarter. Truist Financial Corp now owns 25,361 shares of the company’s stock worth $2,943,000 after buying an additional 151 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in Invesco KBW Property & Casualty Insurance ETF by 65.8% during the fourth quarter. Kingsview Wealth Management LLC now owns 97,074 shares of the company’s stock worth $11,266,000 after buying an additional 38,537 shares during the last quarter. Legacy Capital Group California Inc. bought a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter worth about $334,000. Finally, New Wave Wealth Advisors LLC bought a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter worth about $63,000.

Invesco KBW Property & Casualty Insurance ETF Trading Up 1.1%

Shares of Invesco KBW Property & Casualty Insurance ETF stock opened at $124.58 on Monday. The stock has a market capitalization of $458.45 million, a price-to-earnings ratio of 12.62 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a 1-year low of $100.43 and a 1-year high of $127.17. The firm’s 50-day moving average price is $119.96 and its two-hundred day moving average price is $118.28.

Invesco KBW Property & Casualty Insurance ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.6509 per share. The ex-dividend date was Monday, March 24th.

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.