Apollon Wealth Management LLC Has $2.90 Million Stock Holdings in Invesco Building & Construction ETF (NYSEARCA:PKB)

Apollon Wealth Management LLC increased its position in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 36,479 shares of the company’s stock after buying an additional 1,129 shares during the quarter. Apollon Wealth Management LLC owned about 0.87% of Invesco Building & Construction ETF worth $2,903,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PKB. Global Trust Asset Management LLC acquired a new position in shares of Invesco Building & Construction ETF during the third quarter valued at about $97,000. PFG Investments LLC acquired a new position in Invesco Building & Construction ETF during the 3rd quarter valued at about $233,000. Summit Financial LLC bought a new stake in Invesco Building & Construction ETF during the 2nd quarter worth approximately $320,000. Accel Wealth Management raised its stake in shares of Invesco Building & Construction ETF by 30.6% in the second quarter. Accel Wealth Management now owns 4,745 shares of the company’s stock worth $322,000 after purchasing an additional 1,112 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Invesco Building & Construction ETF by 4.8% in the second quarter. Commonwealth Equity Services LLC now owns 9,858 shares of the company’s stock valued at $668,000 after purchasing an additional 455 shares in the last quarter.

Invesco Building & Construction ETF Trading Down 0.4 %

Shares of Invesco Building & Construction ETF stock opened at $83.92 on Thursday. The company has a market capitalization of $350.78 million, a P/E ratio of 13.36 and a beta of 1.43. The stock has a fifty day simple moving average of $78.73 and a 200 day simple moving average of $73.65. Invesco Building & Construction ETF has a 12-month low of $54.26 and a 12-month high of $86.78.

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.