LPL Financial LLC Has $20.81 Million Stock Holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

LPL Financial LLC increased its holdings in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 31.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,279 shares of the company’s stock after buying an additional 43,052 shares during the quarter. LPL Financial LLC’s holdings in Invesco KBW Property & Casualty Insurance ETF were worth $20,807,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of KBWP. FMR LLC grew its stake in Invesco KBW Property & Casualty Insurance ETF by 196.3% during the 3rd quarter. FMR LLC now owns 791 shares of the company’s stock valued at $91,000 after acquiring an additional 524 shares in the last quarter. HighTower Advisors LLC purchased a new position in Invesco KBW Property & Casualty Insurance ETF during the third quarter valued at approximately $22,390,000. Jane Street Group LLC increased its stake in Invesco KBW Property & Casualty Insurance ETF by 11.9% in the 3rd quarter. Jane Street Group LLC now owns 3,923 shares of the company’s stock valued at $453,000 after buying an additional 418 shares during the period. MML Investors Services LLC boosted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 7.0% during the 3rd quarter. MML Investors Services LLC now owns 10,895 shares of the company’s stock valued at $1,259,000 after buying an additional 716 shares during the period. Finally, Virtue Capital Management LLC acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at $840,000.

Invesco KBW Property & Casualty Insurance ETF Trading Down 0.3 %

NASDAQ KBWP opened at $123.32 on Monday. Invesco KBW Property & Casualty Insurance ETF has a 1-year low of $100.25 and a 1-year high of $127.17. The firm’s fifty day simple moving average is $117.07 and its 200-day simple moving average is $117.41. The company has a market capitalization of $461.22 million, a PE ratio of 12.70 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.6509 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.