Carr Financial Group Corp Cuts Stake in Invesco Building & Construction ETF (NYSEARCA:PKB)

Carr Financial Group Corp lessened its stake in Invesco Building & Construction ETF (NYSEARCA:PKB) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,065 shares of the company’s stock after selling 183 shares during the quarter. Carr Financial Group Corp’s holdings in Invesco Building & Construction ETF were worth $483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Nilsine Partners LLC raised its holdings in Invesco Building & Construction ETF by 1.4% in the second quarter. Nilsine Partners LLC now owns 22,853 shares of the company’s stock worth $1,550,000 after buying an additional 312 shares during the last quarter. Private Advisor Group LLC raised its holdings in Invesco Building & Construction ETF by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 9,108 shares of the company’s stock worth $725,000 after acquiring an additional 314 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Invesco Building & Construction ETF by 4.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 9,858 shares of the company’s stock valued at $668,000 after acquiring an additional 455 shares in the last quarter. Outlook Wealth Advisors LLC lifted its position in Invesco Building & Construction ETF by 4.8% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 14,868 shares of the company’s stock valued at $1,183,000 after acquiring an additional 684 shares in the last quarter. Finally, Accel Wealth Management increased its holdings in shares of Invesco Building & Construction ETF by 30.6% in the 2nd quarter. Accel Wealth Management now owns 4,745 shares of the company’s stock worth $322,000 after purchasing an additional 1,112 shares in the last quarter.

Invesco Building & Construction ETF Price Performance

PKB stock opened at $86.02 on Friday. The stock has a market capitalization of $359.55 million, a P/E ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a 1-year low of $51.96 and a 1-year high of $86.28. The business has a fifty day moving average price of $78.24 and a 200-day moving average price of $73.40.

About Invesco Building & Construction ETF

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.