Nilsine Partners LLC Decreases Stock Holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Nilsine Partners LLC decreased its stake in shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,164 shares of the company’s stock after selling 88 shares during the period. Nilsine Partners LLC owned about 0.40% of Invesco KBW Property & Casualty Insurance ETF worth $1,760,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. HighTower Advisors LLC purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth $22,390,000. First National Corp MA ADV bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at about $11,330,000. Raymond James & Associates purchased a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter valued at about $3,071,000. Freedom Investment Management Inc. bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter worth approximately $2,735,000. Finally, PCG Wealth Advisors LLC purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the fourth quarter worth approximately $1,635,000.

Invesco KBW Property & Casualty Insurance ETF Trading Up 3.0 %

Shares of KBWP stock opened at $116.71 on Tuesday. Invesco KBW Property & Casualty Insurance ETF has a 12 month low of $96.34 and a 12 month high of $127.17. The stock has a market cap of $440.00 million, a P/E ratio of 19.40 and a beta of 0.66. The company has a 50 day simple moving average of $118.17 and a two-hundred day simple moving average of $114.84.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.7787 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco KBW Property & Casualty Insurance ETF

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.