Kingsview Wealth Management LLC Has $11.27 Million Stock Position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Kingsview Wealth Management LLC boosted its holdings in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 65.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 97,074 shares of the company’s stock after purchasing an additional 38,537 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco KBW Property & Casualty Insurance ETF were worth $11,266,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. New Wave Wealth Advisors LLC bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the 4th quarter valued at about $63,000. FMR LLC raised its holdings 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 worth $91,000 after buying an additional 524 shares during the period. Prospera Financial Services Inc bought a new position in Invesco KBW Property & Casualty Insurance ETF in the third quarter valued at approximately $219,000. Carr Financial Group Corp bought a new position in Invesco KBW Property & Casualty Insurance ETF in the fourth quarter valued at approximately $258,000. Finally, MinichMacGregor Wealth Management LLC acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the third quarter valued at approximately $344,000.

Invesco KBW Property & Casualty Insurance ETF Stock Down 0.7 %

Shares of NASDAQ:KBWP opened at $114.72 on Friday. The firm has a market cap of $429.05 million, a price-to-earnings ratio of 19.40 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a 12 month low of $97.10 and a 12 month high of $127.17. The company’s fifty day simple moving average is $116.55 and its 200 day simple moving average is $115.27.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

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

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.