Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Stock Position Lifted by Fifth Third Securities Inc.

Fifth Third Securities Inc. raised its stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 108.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,577 shares of the company’s stock after buying an additional 6,017 shares during the period. Fifth Third Securities Inc. owned approximately 0.31% of Invesco KBW Property & Casualty Insurance ETF worth $1,344,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of KBWP. HighTower Advisors LLC bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the third quarter valued at approximately $22,390,000. First National Corp MA ADV bought a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at $11,330,000. Raymond James & Associates acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at $3,071,000. Freedom Investment Management Inc. bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth $2,735,000. Finally, PCG Wealth Advisors LLC bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the 4th quarter worth $1,635,000.

Invesco KBW Property & Casualty Insurance ETF Stock Down 1.2 %

Shares of KBWP stock opened at $113.88 on Friday. The stock has a 50-day simple moving average of $117.68 and a 200 day simple moving average of $115.01. Invesco KBW Property & Casualty Insurance ETF has a fifty-two week low of $96.34 and a fifty-two week high of $127.17. The stock has a market capitalization of $427.05 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.7787 dividend. The ex-dividend date was Monday, December 23rd.

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.