Carr Financial Group Corp Sells 432 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Carr Financial Group Corp cut its stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,633 shares of the company’s stock after selling 432 shares during the period. Carr Financial Group Corp owned 0.13% of Invesco Building & Construction ETF worth $426,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Janney Montgomery Scott LLC bought a new position in shares of Invesco Building & Construction ETF in the fourth quarter worth approximately $1,665,000. MML Investors Services LLC bought a new position in shares of Invesco Building & Construction ETF in the third quarter worth approximately $213,000. Stifel Financial Corp increased its position in shares of Invesco Building & Construction ETF by 8.6% in the third quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock worth $3,515,000 after purchasing an additional 3,496 shares during the last quarter. FMR LLC increased its position in shares of Invesco Building & Construction ETF by 31.8% in the third quarter. FMR LLC now owns 5,216 shares of the company’s stock worth $415,000 after purchasing an additional 1,258 shares during the last quarter. Finally, KKM Financial LLC increased its position 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 worth $482,000 after purchasing an additional 279 shares during the last quarter.

Invesco Building & Construction ETF Trading Down 0.7 %

PKB stock opened at $81.91 on Friday. The company’s 50 day moving average is $80.88 and its 200 day moving average is $77.70. The stock has a market cap of $342.38 million, a price-to-earnings ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a 1-year low of $61.39 and a 1-year high of $88.96.

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.