7,446 Shares in Invesco Building & Construction ETF $PKB Acquired by Ibex Wealth Advisors

Ibex Wealth Advisors purchased a new position in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,446 shares of the company’s stock, valued at approximately $727,000. Ibex Wealth Advisors owned approximately 0.18% of Invesco Building & Construction ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Building & Construction ETF by 14.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,650 shares of the company’s stock valued at $6,819,000 after purchasing an additional 9,183 shares during the last quarter. UBS Group AG lifted its position in shares of Invesco Building & Construction ETF by 240.4% during the 3rd quarter. UBS Group AG now owns 66,043 shares of the company’s stock worth $6,314,000 after purchasing an additional 46,643 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Invesco Building & Construction ETF by 2.3% during the fourth quarter. Cetera Investment Advisers now owns 62,062 shares of the company’s stock worth $5,746,000 after purchasing an additional 1,408 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Invesco Building & Construction ETF by 6.6% during the third quarter. Bank of America Corp DE now owns 56,514 shares of the company’s stock worth $5,403,000 after purchasing an additional 3,494 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Invesco Building & Construction ETF by 1,539.1% during the first quarter. Goldman Sachs Group Inc. now owns 47,207 shares of the company’s stock worth $3,178,000 after purchasing an additional 44,327 shares in the last quarter.

Invesco Building & Construction ETF Price Performance

NYSEARCA:PKB opened at $103.68 on Friday. Invesco Building & Construction ETF has a 12 month low of $81.23 and a 12 month high of $115.81. The firm has a market capitalization of $439.60 million, a PE ratio of 21.37 and a beta of 1.27. The business’s fifty day moving average price is $105.98 and its 200 day moving average price is $103.06.

About Invesco Building & Construction ETF

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. The Index consists of stocks of 30 United States building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports.