Private Advisor Group LLC Takes Position in Invesco Building & Construction ETF $PKB

Private Advisor Group LLC acquired a new position in Invesco Building & Construction ETF (NYSEARCA:PKB) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,881 shares of the company’s stock, valued at approximately $574,000. Private Advisor Group LLC owned approximately 0.14% of Invesco Building & Construction ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in Invesco Building & Construction ETF by 3.3% in the first quarter. NewEdge Advisors LLC now owns 5,723 shares of the company’s stock worth $385,000 after purchasing an additional 185 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in shares of Invesco Building & Construction ETF by 10.2% in the fourth quarter. Apollon Wealth Management LLC now owns 2,690 shares of the company’s stock worth $249,000 after buying an additional 248 shares in the last quarter. Strategic Advocates LLC bought a new position in Invesco Building & Construction ETF in the 3rd quarter valued at approximately $27,000. Global Retirement Partners LLC lifted its holdings in shares of Invesco Building & Construction ETF by 30.8% during the fourth quarter. Global Retirement Partners LLC now owns 1,203 shares of the company’s stock valued at $111,000 after purchasing an additional 283 shares in the last quarter. Finally, one8zero8 LLC purchased a new stake in shares of Invesco Building & Construction ETF during the 4th quarter valued at about $31,000.

Invesco Building & Construction ETF Trading Up 0.1%

Shares of PKB stock opened at $103.91 on Thursday. The stock has a market capitalization of $442.66 million, a P/E ratio of 21.37 and a beta of 1.27. Invesco Building & Construction ETF has a 12-month low of $81.23 and a 12-month high of $115.81. The firm’s 50 day moving average is $105.58 and its 200 day moving average is $103.29.

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. The Index consists of stocks of 30 United States building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports.