Invesco Dynamic Building & Construction ETF (NYSEARCA:PKB) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its position in shares of Invesco Dynamic Building & Construction ETF (NYSEARCA:PKB) by 34.1% during the first quarter, Holdings Channel reports. The firm owned 17,838 shares of the company’s stock after selling 9,213 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco Dynamic Building & Construction ETF were worth $876,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in Invesco Dynamic Building & Construction ETF by 32.8% during the fourth quarter. LPL Financial LLC now owns 144,379 shares of the company’s stock worth $5,943,000 after purchasing an additional 35,629 shares in the last quarter. Hudson Value Partners LLC acquired a new position in Invesco Dynamic Building & Construction ETF during the first quarter worth $924,000. Susquehanna International Group LLP lifted its stake in Invesco Dynamic Building & Construction ETF by 79.7% during the fourth quarter. Susquehanna International Group LLP now owns 25,566 shares of the company’s stock worth $1,053,000 after purchasing an additional 11,338 shares in the last quarter. Barometer Capital Management Inc. acquired a new stake in shares of Invesco Dynamic Building & Construction ETF in the fourth quarter valued at $971,000. Finally, Wells Fargo & Company MN raised its stake in shares of Invesco Dynamic Building & Construction ETF by 36.2% in the fourth quarter. Wells Fargo & Company MN now owns 99,671 shares of the company’s stock valued at $4,103,000 after acquiring an additional 26,473 shares in the last quarter.

Shares of NYSEARCA PKB opened at $49.57 on Friday. Invesco Dynamic Building & Construction ETF has a 12-month low of $28.19 and a 12-month high of $55.10. The company has a fifty day moving average of $51.53.

Invesco Dynamic Building & Construction ETF Company Profile

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.

Further Reading: What is Depreciation?

Want to see what other hedge funds are holding PKB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Dynamic Building & Construction ETF (NYSEARCA:PKB).

Institutional Ownership by Quarter for Invesco Dynamic Building & Construction ETF (NYSEARCA:PKB)

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