Choreo LLC Makes New Investment in Invesco Building & Construction ETF (NYSEARCA:PKB)

Choreo LLC bought a new stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,674 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds have also made changes to their positions in PKB. Global Retirement Partners LLC lifted its position in shares of Invesco Building & Construction ETF by 23.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,754 shares of the company’s stock worth $108,000 after purchasing an additional 334 shares during the period. Absolute Capital Management LLC purchased a new stake in Invesco Building & Construction ETF during the fourth quarter worth $221,000. Commonwealth Equity Services LLC boosted its position in Invesco Building & Construction ETF by 2.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 9,051 shares of the company’s stock valued at $457,000 after acquiring an additional 246 shares in the last quarter. Carr Financial Group Corp increased its holdings in shares of Invesco Building & Construction ETF by 57.3% in the 3rd quarter. Carr Financial Group Corp now owns 10,976 shares of the company’s stock valued at $581,000 after acquiring an additional 3,997 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of Invesco Building & Construction ETF by 563.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 12,086 shares of the company’s stock worth $610,000 after acquiring an additional 10,264 shares in the last quarter.

Invesco Building & Construction ETF Price Performance

Shares of NYSEARCA PKB opened at $71.15 on Friday. Invesco Building & Construction ETF has a 1-year low of $45.61 and a 1-year high of $75.18. The business has a fifty day moving average price of $70.80 and a 200 day moving average price of $62.86. The stock has a market capitalization of $292.43 million, a P/E ratio of 12.63 and a beta of 1.37.

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.