Raymond James Financial Services Advisors Inc. Acquires 144 Shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Raymond James Financial Services Advisors Inc. lifted its holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 4.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,103 shares of the company’s stock after purchasing an additional 144 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.14% of Invesco KBW Property & Casualty Insurance ETF worth $281,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brookstone Capital Management bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 4th quarter worth approximately $241,000. Raymond James & Associates lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 338.4% in the 4th quarter. Raymond James & Associates now owns 20,658 shares of the company’s stock worth $1,870,000 after purchasing an additional 15,946 shares during the period. Nilsine Partners LLC lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 1.0% in the 3rd quarter. Nilsine Partners LLC now owns 15,746 shares of the company’s stock worth $1,324,000 after purchasing an additional 150 shares during the period. SMI Advisory Services LLC bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth approximately $3,833,000. Finally, Kingsview Wealth Management LLC increased its holdings in Invesco KBW Property & Casualty Insurance ETF by 23.0% in the 3rd quarter. Kingsview Wealth Management LLC now owns 8,702 shares of the company’s stock worth $732,000 after acquiring an additional 1,625 shares in the last quarter.

Invesco KBW Property & Casualty Insurance ETF Trading Up 0.7 %

Invesco KBW Property & Casualty Insurance ETF stock opened at $104.61 on Tuesday. The firm has a 50 day moving average of $103.44 and a 200 day moving average of $95.47. The firm has a market capitalization of $314.88 million, a price-to-earnings ratio of 18.87 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a 12-month low of $78.65 and a 12-month high of $107.98.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.4781 dividend. This represents a $1.91 annualized dividend and a yield of 1.83%. The ex-dividend date was Monday, March 18th.

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.