Kingsview Wealth Management LLC Has $11.27 Million Stock Holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Kingsview Wealth Management LLC increased its stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 65.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,074 shares of the company’s stock after buying an additional 38,537 shares during the period. Kingsview Wealth Management LLC owned 2.57% of Invesco KBW Property & Casualty Insurance ETF worth $11,266,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in KBWP. HighTower Advisors LLC acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF during the third quarter valued at $22,390,000. Raymond James & Associates acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at about $3,071,000. Freedom Investment Management Inc. bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter valued at about $2,735,000. Focus Financial Network Inc. grew its position in shares of Invesco KBW Property & Casualty Insurance ETF by 5.2% during the 3rd quarter. Focus Financial Network Inc. now owns 20,091 shares of the company’s stock worth $2,322,000 after buying an additional 988 shares during the period. Finally, DAVENPORT & Co LLC grew its position in shares of Invesco KBW Property & Casualty Insurance ETF by 1.1% during the 4th quarter. DAVENPORT & Co LLC now owns 16,272 shares of the company’s stock worth $1,889,000 after buying an additional 183 shares during the period.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of NASDAQ KBWP opened at $114.72 on Friday. The company’s 50 day simple moving average is $116.55 and its 200 day simple moving average is $115.27. Invesco KBW Property & Casualty Insurance ETF has a fifty-two week low of $97.10 and a fifty-two week high of $127.17. The firm has a market capitalization of $429.05 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given 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.