Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Declares $0.50 Dividend

Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) announced a dividend on Friday, June 19th, NASDAQ Dividends reports. Investors of record on Monday, June 22nd will be paid a dividend of 0.4994 per share on Friday, June 26th. The ex-dividend date of this dividend is Monday, June 22nd.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of NASDAQ:KBWP remained flat at $120.47 during trading on Friday. 10,438 shares of the stock were exchanged, compared to its average volume of 15,268. Invesco KBW Property & Casualty Insurance ETF has a 52 week low of $114.62 and a 52 week high of $129.00. The firm has a 50 day simple moving average of $119.95 and a 200-day simple moving average of $122.18. The company has a market cap of $254.19 million, a PE ratio of 13.50 and a beta of 0.41.

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

A number of institutional investors have recently modified their holdings of KBWP. WFA of San Diego LLC acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the second quarter worth approximately $32,000. J.W. Cole Advisors Inc. raised its position in Invesco KBW Property & Casualty Insurance ETF by 7.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 4,361 shares of the company’s stock worth $555,000 after purchasing an additional 300 shares during the last quarter. Great Valley Advisor Group Inc. lifted its holdings in Invesco KBW Property & Casualty Insurance ETF by 16.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 2,456 shares of the company’s stock worth $313,000 after buying an additional 349 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Invesco KBW Property & Casualty Insurance ETF by 2.8% in the 1st quarter. Kestra Advisory Services LLC now owns 16,600 shares of the company’s stock valued at $1,975,000 after buying an additional 448 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in Invesco KBW Property & Casualty Insurance ETF in the 4th quarter valued at $60,000.

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.