Invesco KBW Property & Casualty Insurance ETF $KBWP Shares Acquired by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lifted its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 113.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 25,019 shares of the company’s stock after acquiring an additional 13,300 shares during the period. Goldman Sachs Group Inc. owned 0.68% of Invesco KBW Property & Casualty Insurance ETF worth $3,117,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rossby Financial LCC bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the first quarter valued at approximately $71,000. Simplex Trading LLC grew its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 303.2% during the 1st quarter. Simplex Trading LLC now owns 1,000 shares of the company’s stock worth $124,000 after purchasing an additional 752 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in Invesco KBW Property & Casualty Insurance ETF by 17.7% in the first quarter. Atria Wealth Solutions Inc. now owns 2,033 shares of the company’s stock valued at $253,000 after buying an additional 306 shares in the last quarter. Carr Financial Group Corp raised its holdings in Invesco KBW Property & Casualty Insurance ETF by 17.8% in the 1st quarter. Carr Financial Group Corp now owns 2,619 shares of the company’s stock valued at $326,000 after buying an additional 396 shares during the last quarter. Finally, Jane Street Group LLC raised its position in shares of Invesco KBW Property & Casualty Insurance ETF by 7.2% during the fourth quarter. Jane Street Group LLC now owns 4,206 shares of the company’s stock worth $488,000 after acquiring an additional 283 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of KBWP opened at $120.75 on Friday. The firm has a market cap of $473.34 million, a PE ratio of 13.50 and a beta of 0.66. The stock’s fifty day moving average price is $119.88 and its two-hundred day moving average price is $120.49. Invesco KBW Property & Casualty Insurance ETF has a 1 year low of $108.64 and a 1 year high of $127.17.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.3764 per share. The ex-dividend date was Monday, June 23rd. This represents a $1.51 annualized dividend and a yield of 1.2%. This is a positive change from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.34.

About Invesco KBW Property & Casualty Insurance ETF

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.