Accel Wealth Management Purchases 940 Shares of Invesco Building & Construction ETF $PKB

Accel Wealth Management increased its position in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 17.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 6,248 shares of the company’s stock after buying an additional 940 shares during the period. Accel Wealth Management’s holdings in Invesco Building & Construction ETF were worth $502,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PKB. Outlook Wealth Advisors LLC increased its stake in Invesco Building & Construction ETF by 26.8% in the first quarter. Outlook Wealth Advisors LLC now owns 17,914 shares of the company’s stock valued at $1,206,000 after purchasing an additional 3,788 shares in the last quarter. Silver Oak Securities Incorporated bought a new stake in Invesco Building & Construction ETF in the first quarter valued at $734,000. WMG Financial Advisors LLC increased its stake in Invesco Building & Construction ETF by 10.4% in the first quarter. WMG Financial Advisors LLC now owns 3,876 shares of the company’s stock valued at $261,000 after purchasing an additional 366 shares in the last quarter. Avantax Advisory Services Inc. bought a new stake in Invesco Building & Construction ETF in the first quarter valued at $2,980,000. Finally, Cetera Investment Advisers increased its stake in Invesco Building & Construction ETF by 67.1% in the first quarter. Cetera Investment Advisers now owns 7,522 shares of the company’s stock valued at $506,000 after purchasing an additional 3,021 shares in the last quarter.

Invesco Building & Construction ETF Trading Down 0.5%

PKB opened at $95.02 on Friday. Invesco Building & Construction ETF has a 1-year low of $59.89 and a 1-year high of $95.94. The company has a market cap of $298.36 million, a P/E ratio of 21.37 and a beta of 1.26. The company has a fifty day moving average price of $91.35 and a two-hundred day moving average price of $80.73.

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.