Cetera Investment Advisers Has $7.39 Million Stock Position in Invesco KBW Property & Casualty Insurance ETF $KBWP

Cetera Investment Advisers lifted its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 15.6% in the first quarter, HoldingsChannel reports. The fund owned 62,098 shares of the company’s stock after buying an additional 8,381 shares during the period. Cetera Investment Advisers’ holdings in Invesco KBW Property & Casualty Insurance ETF were worth $7,389,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in KBWP. Raymond James Financial Inc. boosted its holdings in Invesco KBW Property & Casualty Insurance ETF by 180.0% in the second quarter. Raymond James Financial Inc. now owns 100,177 shares of the company’s stock valued at $12,305,000 after acquiring an additional 64,399 shares during the last quarter. Redstone Wealth Management LLC raised its holdings in Invesco KBW Property & Casualty Insurance ETF by 0.6% during the 1st quarter. Redstone Wealth Management LLC now owns 91,046 shares of the company’s stock worth $10,833,000 after purchasing an additional 578 shares during the last quarter. Mutual Advisors LLC raised its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 4.7% during the fourth quarter. Mutual Advisors LLC now owns 89,150 shares of the company’s stock worth $11,348,000 after buying an additional 3,989 shares during the last quarter. Bank of America Corp DE boosted its stake in Invesco KBW Property & Casualty Insurance ETF by 38.3% in the second quarter. Bank of America Corp DE now owns 47,793 shares of the company’s stock valued at $5,870,000 after acquiring an additional 13,225 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Invesco KBW Property & Casualty Insurance ETF by 179.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 44,620 shares of the company’s stock valued at $5,680,000 after acquiring an additional 28,627 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Stock Down 0.2%

KBWP stock opened at $135.42 on Friday. Invesco KBW Property & Casualty Insurance ETF has a twelve month low of $114.62 and a twelve month high of $140.37. The company has a market cap of $268.13 million, a P/E ratio of 13.50 and a beta of 0.40. The business’s fifty day moving average is $126.53 and its 200-day moving average is $123.36.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.4994 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, June 22nd.

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.