Prospera Financial Services Inc Has $1.25 Million Stock Holdings in Invesco Building & Construction ETF (NYSEARCA:PKB)

Prospera Financial Services Inc reduced its holdings in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 3.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,635 shares of the company’s stock after selling 521 shares during the period. Prospera Financial Services Inc’s holdings in Invesco Building & Construction ETF were worth $1,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Apollon Wealth Management LLC acquired a new stake in Invesco Building & Construction ETF during the second quarter valued at approximately $2,397,000. Outlook Wealth Advisors LLC acquired a new position in Invesco Building & Construction ETF during the second quarter worth $962,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Building & Construction ETF by 85.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 30,344 shares of the company’s stock valued at $2,058,000 after acquiring an additional 13,985 shares during the period. Raymond James & Associates boosted its stake in shares of Invesco Building & Construction ETF by 6.8% in the 3rd quarter. Raymond James & Associates now owns 77,065 shares of the company’s stock valued at $6,132,000 after purchasing an additional 4,898 shares in the last quarter. Finally, Summit Financial LLC bought a new stake in shares of Invesco Building & Construction ETF in the 2nd quarter worth about $320,000.

Invesco Building & Construction ETF Stock Up 1.6 %

Shares of PKB stock opened at $84.99 on Friday. The company has a market capitalization of $355.26 million, a P/E ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a 12-month low of $54.26 and a 12-month high of $86.78. The firm has a 50-day moving average price of $80.18 and a 200 day moving average price of $74.19.

Invesco Building & Construction ETF Company 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.