6,823 Shares in Invesco KBW Property & Casualty Insurance ETF $KBWP Bought by Williams & Novak LLC

Williams & Novak LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,823 shares of the company’s stock, valued at approximately $838,000. Williams & Novak LLC owned 0.17% of Invesco KBW Property & Casualty Insurance ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mutual Advisors LLC grew its stake in Invesco KBW Property & Casualty Insurance ETF by 2.6% in the first quarter. Mutual Advisors LLC now owns 71,620 shares of the company’s stock worth $8,408,000 after purchasing an additional 1,820 shares during the period. First National Corp MA ADV grew its stake in Invesco KBW Property & Casualty Insurance ETF by 50.2% in the second quarter. First National Corp MA ADV now owns 42,295 shares of the company’s stock worth $5,195,000 after purchasing an additional 14,140 shares during the period. Buska Wealth Management LLC grew its stake in Invesco KBW Property & Casualty Insurance ETF by 135.6% in the second quarter. Buska Wealth Management LLC now owns 35,390 shares of the company’s stock worth $4,347,000 after purchasing an additional 20,366 shares during the period. Goldman Sachs Group Inc. grew its stake in Invesco KBW Property & Casualty Insurance ETF by 113.5% in the first quarter. Goldman Sachs Group Inc. now owns 25,019 shares of the company’s stock worth $3,117,000 after purchasing an additional 13,300 shares during the period. Finally, Stegent Equity Advisors Inc. grew its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 53.8% in the first quarter. Stegent Equity Advisors Inc. now owns 24,870 shares of the company’s stock worth $3,098,000 after acquiring an additional 8,701 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Trading Down 1.2%

NASDAQ KBWP opened at $122.29 on Friday. Invesco KBW Property & Casualty Insurance ETF has a 12 month low of $108.64 and a 12 month high of $127.17. The stock has a market cap of $434.13 million, a P/E ratio of 13.50 and a beta of 0.66. The stock’s fifty day moving average price is $121.46 and its 200-day moving average price is $120.80.

Invesco KBW Property & Casualty Insurance ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.3735 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, September 22nd.

About Invesco KBW Property & Casualty Insurance ETF

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.