Invesco Building & Construction ETF (NYSEARCA:PKB) Shares Sold by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC trimmed its stake in Invesco Building & Construction ETF (NYSEARCA:PKB) by 5.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 14,126 shares of the company’s stock after selling 742 shares during the quarter. Outlook Wealth Advisors LLC owned approximately 0.34% of Invesco Building & Construction ETF worth $1,070,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. MML Investors Services LLC bought a new stake in Invesco Building & Construction ETF in the 3rd quarter valued at about $213,000. Stifel Financial Corp lifted its stake in shares of Invesco Building & Construction ETF by 8.6% in the 3rd quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock worth $3,515,000 after acquiring an additional 3,496 shares during the period. FMR LLC lifted its stake in shares of Invesco Building & Construction ETF by 31.8% in the 3rd quarter. FMR LLC now owns 5,216 shares of the company’s stock worth $415,000 after acquiring an additional 1,258 shares during the period. KKM Financial LLC boosted its holdings in shares of Invesco Building & Construction ETF by 4.8% in the third quarter. KKM Financial LLC now owns 6,061 shares of the company’s stock valued at $482,000 after acquiring an additional 279 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its stake in shares of Invesco Building & Construction ETF by 3.2% during the third quarter. Apollon Wealth Management LLC now owns 36,479 shares of the company’s stock valued at $2,903,000 after acquiring an additional 1,129 shares during the period.

Invesco Building & Construction ETF Price Performance

Shares of NYSEARCA:PKB opened at $79.64 on Thursday. The stock has a market cap of $332.90 million, a price-to-earnings ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a 12 month low of $60.74 and a 12 month high of $88.96. The stock’s 50 day moving average price is $81.27 and its 200 day moving average price is $77.04.

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.