Wealthcare Advisory Partners LLC cut its holdings in Invesco Building & Construction ETF (NYSEARCA:PKB – Free Report) by 27.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,392 shares of the company’s stock after selling 1,296 shares during the quarter. Wealthcare Advisory Partners LLC owned approximately 0.12% of Invesco Building & Construction ETF worth $273,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in Invesco Building & Construction ETF by 1,539.1% in the first quarter. Goldman Sachs Group Inc. now owns 47,207 shares of the company’s stock valued at $3,178,000 after buying an additional 44,327 shares in the last quarter. Avantax Advisory Services Inc. acquired a new stake in Invesco Building & Construction ETF in the first quarter valued at about $2,980,000. MAI Capital Management boosted its stake in shares of Invesco Building & Construction ETF by 1.5% during the first quarter. MAI Capital Management now owns 29,908 shares of the company’s stock valued at $2,014,000 after purchasing an additional 447 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Invesco Building & Construction ETF by 13.2% during the first quarter. Kestra Advisory Services LLC now owns 20,819 shares of the company’s stock valued at $1,402,000 after purchasing an additional 2,434 shares in the last quarter. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of Invesco Building & Construction ETF during the first quarter valued at about $734,000.
Invesco Building & Construction ETF Trading Down 2.0%
Shares of PKB stock opened at $92.24 on Friday. The business’s 50-day moving average price is $92.18 and its 200-day moving average price is $81.48. Invesco Building & Construction ETF has a 12 month low of $59.89 and a 12 month high of $96.05. The firm has a market capitalization of $289.63 million, a price-to-earnings ratio of 21.37 and a beta of 1.26.
Invesco Building & Construction ETF Company Profile
PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.
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