4,240 Shares in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,240 shares of the company’s stock, valued at approximately $489,000.

Several other large investors have also recently made changes to their positions in KBWP. AdvisorNet Financial Inc grew its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 8.5% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,323 shares of the company’s stock valued at $135,000 after purchasing an additional 104 shares during the last quarter. WBI Investments LLC grew its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 6.7% during the second quarter. WBI Investments LLC now owns 2,231 shares of the company’s stock valued at $229,000 after buying an additional 140 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 2.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 8,846 shares of the company’s stock valued at $953,000 after acquiring an additional 244 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in Invesco KBW Property & Casualty Insurance ETF by 15.0% during the 1st quarter. J.W. Cole Advisors Inc. now owns 3,945 shares of the company’s stock valued at $425,000 after acquiring an additional 514 shares during the period. Finally, Focus Financial Network Inc. grew its position in Invesco KBW Property & Casualty Insurance ETF by 3.1% during the 2nd quarter. Focus Financial Network Inc. now owns 19,103 shares of the company’s stock worth $2,071,000 after acquiring an additional 566 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of Invesco KBW Property & Casualty Insurance ETF stock opened at $116.53 on Tuesday. The stock has a market capitalization of $428.83 million, a P/E ratio of 19.40 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a one year low of $85.46 and a one year high of $120.45. The business’s 50 day simple moving average is $115.21 and its two-hundred day simple moving average is $108.45.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.342 dividend. This represents a $1.37 annualized dividend and a dividend yield of 1.17%. This is an increase from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.31. The ex-dividend date was Monday, September 23rd.

Invesco KBW Property & Casualty Insurance ETF 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.