Focus Financial Network Inc. Has $2.28 Million Stock Holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Focus Financial Network Inc. lessened its position in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,638 shares of the company’s stock after selling 453 shares during the period. Focus Financial Network Inc. owned 0.52% of Invesco KBW Property & Casualty Insurance ETF worth $2,279,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. New Wave Wealth Advisors LLC bought a new position in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter valued at $63,000. FMR LLC boosted its position in Invesco KBW Property & Casualty Insurance ETF by 196.3% during the 3rd quarter. FMR LLC now owns 791 shares of the company’s stock valued at $91,000 after buying an additional 524 shares during the period. Prospera Financial Services Inc purchased a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at about $219,000. Carr Financial Group Corp bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the fourth quarter valued at approximately $258,000. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth about $344,000.

Invesco KBW Property & Casualty Insurance ETF Stock Up 0.4 %

KBWP stock opened at $114.13 on Wednesday. The business has a 50 day moving average of $116.09 and a 200 day moving average of $115.55. Invesco KBW Property & Casualty Insurance ETF has a twelve month low of $98.02 and a twelve month high of $127.17. The firm has a market cap of $426.85 million, a PE ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.7787 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.