Outlook Wealth Advisors LLC Buys 3,788 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Outlook Wealth Advisors LLC grew its position in Invesco Building & Construction ETF (NYSEARCA:PKB) by 26.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,914 shares of the company’s stock after purchasing an additional 3,788 shares during the quarter. Outlook Wealth Advisors LLC owned about 0.54% of Invesco Building & Construction ETF worth $1,206,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PKB. Spire Wealth Management increased its holdings in Invesco Building & Construction ETF by 406.2% in the 4th quarter. Spire Wealth Management now owns 815 shares of the company’s stock worth $62,000 after buying an additional 654 shares during the period. Bank of Montreal Can purchased a new stake in Invesco Building & Construction ETF in the 4th quarter worth $62,000. Jane Street Group LLC acquired a new position in shares of Invesco Building & Construction ETF during the 4th quarter worth about $242,000. Independent Advisor Alliance purchased a new position in shares of Invesco Building & Construction ETF in the fourth quarter valued at approximately $257,000. Finally, WMG Financial Advisors LLC boosted its stake in Invesco Building & Construction ETF by 6.6% during the 4th quarter. WMG Financial Advisors LLC now owns 3,510 shares of the company’s stock worth $266,000 after purchasing an additional 217 shares during the last quarter.

Invesco Building & Construction ETF Stock Performance

NYSEARCA PKB opened at $79.05 on Monday. Invesco Building & Construction ETF has a fifty-two week low of $59.89 and a fifty-two week high of $88.96. The stock’s fifty day moving average is $72.11 and its two-hundred day moving average is $74.89. The firm has a market capitalization of $222.13 million, a P/E ratio of 22.92 and a beta of 1.28.

Invesco Building & Construction ETF Profile

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.