First National Corp MA ADV Sells 19,314 Shares of Invesco KBW Property & Casualty Insurance ETF $KBWP

First National Corp MA ADV lessened its stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 45.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,981 shares of the company’s stock after selling 19,314 shares during the period. First National Corp MA ADV owned 0.66% of Invesco KBW Property & Casualty Insurance ETF worth $2,832,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. WFA of San Diego LLC bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 2nd quarter worth $32,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco KBW Property & Casualty Insurance ETF by 2,710.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,602 shares of the company’s stock valued at $197,000 after acquiring an additional 1,545 shares during the period. Western Financial Corp CA acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the second quarter valued at about $290,000. MinichMacGregor Wealth Management LLC bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the second quarter worth about $331,000. Finally, Prospera Financial Services Inc acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the 2nd quarter worth about $362,000.

Invesco KBW Property & Casualty Insurance ETF Stock Up 0.6%

Shares of NASDAQ:KBWP opened at $122.61 on Thursday. The company has a market cap of $282.00 million, a price-to-earnings ratio of 13.50 and a beta of 0.55. The business has a 50 day moving average price of $124.64 and a 200 day moving average price of $121.70. Invesco KBW Property & Casualty Insurance ETF has a twelve month low of $108.64 and a twelve month high of $128.70.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.6048 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.37. This represents a $2.42 annualized dividend and a dividend yield of 2.0%.

Invesco KBW Property & Casualty Insurance ETF Company 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.