Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Short Interest Update

Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 11,906 shares, a decrease of 47.8% from the July 15th total of 22,821 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 20,729 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco KBW Property & Casualty Insurance ETF

Large investors have recently made changes to their positions in the business. WFA of San Diego LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF during the 2nd quarter worth $32,000. GGM Financials LLC grew its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 80.9% during the fourth quarter. GGM Financials LLC now owns 1,328 shares of the company’s stock worth $169,000 after acquiring an additional 594 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the third quarter valued at about $187,000. PCG Wealth Advisors LLC purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter valued at approximately $200,000. Finally, Orion Porfolio Solutions LLC purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter valued at approximately $249,000.

Invesco KBW Property & Casualty Insurance ETF Price Performance

NASDAQ KBWP traded down $0.07 during midday trading on Friday, hitting $133.40. 8,964 shares of the company traded hands, compared to its average volume of 17,342. Invesco KBW Property & Casualty Insurance ETF has a 52 week low of $114.62 and a 52 week high of $140.37. The company’s 50-day simple moving average is $130.00 and its 200-day simple moving average is $124.25. The company has a market cap of $269.47 million, a PE ratio of 13.50 and a beta of 0.39.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

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

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.