Cetera Investment Advisers Acquires 3,021 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Cetera Investment Advisers grew its holdings in Invesco Building & Construction ETF (NYSEARCA:PKB) by 67.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,522 shares of the company’s stock after purchasing an additional 3,021 shares during the quarter. Cetera Investment Advisers owned approximately 0.25% of Invesco Building & Construction ETF worth $506,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. WMG Financial Advisors LLC boosted its stake in Invesco Building & Construction ETF by 10.4% during the 1st quarter. WMG Financial Advisors LLC now owns 3,876 shares of the company’s stock worth $261,000 after acquiring an additional 366 shares during the last quarter. Accel Wealth Management boosted its stake in Invesco Building & Construction ETF by 10.2% during the 1st quarter. Accel Wealth Management now owns 5,308 shares of the company’s stock worth $357,000 after acquiring an additional 490 shares during the last quarter. Bank of Montreal Can bought a new position in Invesco Building & Construction ETF during the 4th quarter worth approximately $62,000. Mariner LLC boosted its stake in Invesco Building & Construction ETF by 31.7% during the 4th quarter. Mariner LLC now owns 7,231 shares of the company’s stock worth $547,000 after acquiring an additional 1,740 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Invesco Building & Construction ETF during the 4th quarter worth approximately $242,000.

Invesco Building & Construction ETF Price Performance

Invesco Building & Construction ETF stock opened at $90.08 on Friday. The company’s 50 day simple moving average is $83.06 and its 200 day simple moving average is $75.85. Invesco Building & Construction ETF has a fifty-two week low of $59.89 and a fifty-two week high of $92.50. The firm has a market capitalization of $256.73 million, a price-to-earnings ratio of 21.37 and a beta of 1.26.

Invesco Building & Construction ETF Profile

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.