Kingsview Wealth Management LLC Cuts Position in Invesco KBW Property & Casualty Insurance ETF $KBWP

Kingsview Wealth Management LLC decreased its position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 122,816 shares of the company’s stock after selling 10,770 shares during the period. Kingsview Wealth Management LLC owned about 5.36% of Invesco KBW Property & Casualty Insurance ETF worth $15,634,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. WFA of San Diego LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the second quarter valued at approximately $32,000. Flagship Harbor Advisors LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the fourth quarter valued at approximately $60,000. MML Investors Services LLC lifted its stake in Invesco KBW Property & Casualty Insurance ETF by 5.1% in the second quarter. MML Investors Services LLC now owns 10,703 shares of the company’s stock valued at $1,315,000 after purchasing an additional 521 shares during the last quarter. WBI Investments LLC lifted its stake in Invesco KBW Property & Casualty Insurance ETF by 24.2% in the third quarter. WBI Investments LLC now owns 2,888 shares of the company’s stock valued at $357,000 after purchasing an additional 563 shares during the last quarter. Finally, GGM Financials LLC lifted its stake in Invesco KBW Property & Casualty Insurance ETF by 80.9% in the fourth quarter. GGM Financials LLC now owns 1,328 shares of the company’s stock valued at $169,000 after purchasing an additional 594 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Trading Down 1.6%

Invesco KBW Property & Casualty Insurance ETF stock opened at $117.97 on Thursday. Invesco KBW Property & Casualty Insurance ETF has a 12 month low of $114.62 and a 12 month high of $129.00. The business’s 50 day simple moving average is $120.01 and its 200 day simple moving average is $122.65. The company has a market cap of $248.92 million, a price-to-earnings ratio of 13.50 and a beta of 0.43.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.9853 dividend. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.60. This represents a $3.94 annualized dividend and a yield of 3.3%.

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.