5,200 Shares in Invesco KBW Property & Casualty Insurance ETF $KBWP Bought by Vanguard Capital Wealth Advisors

Vanguard Capital Wealth Advisors bought a new position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 5,200 shares of the company’s stock, valued at approximately $659,000.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 180.0% during the second quarter. Raymond James Financial Inc. now owns 100,177 shares of the company’s stock valued at $12,305,000 after acquiring an additional 64,399 shares during the period. Redstone Wealth Management LLC increased its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 0.6% in the 1st quarter. Redstone Wealth Management LLC now owns 91,046 shares of the company’s stock worth $10,833,000 after acquiring an additional 578 shares during the period. Cetera Investment Advisers lifted its position in Invesco KBW Property & Casualty Insurance ETF by 15.6% in the 1st quarter. Cetera Investment Advisers now owns 62,098 shares of the company’s stock valued at $7,389,000 after purchasing an additional 8,381 shares during the last quarter. Bank of America Corp DE lifted its position in Invesco KBW Property & Casualty Insurance ETF by 38.3% in the 2nd quarter. Bank of America Corp DE now owns 47,793 shares of the company’s stock valued at $5,870,000 after purchasing an additional 13,225 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Invesco KBW Property & Casualty Insurance ETF by 179.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 44,620 shares of the company’s stock valued at $5,680,000 after purchasing an additional 28,627 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Trading Down 0.0%

NASDAQ KBWP opened at $132.67 on Wednesday. Invesco KBW Property & Casualty Insurance ETF has a 52 week low of $114.62 and a 52 week high of $140.37. The stock has a market cap of $267.99 million, a price-to-earnings ratio of 13.50 and a beta of 0.38. The company has a 50-day moving average price of $133.08 and a two-hundred day moving average price of $125.12.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.4994 dividend. This represents a $2.00 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, June 22nd.

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.