Northwestern Mutual Wealth Management Co. Buys 9,183 Shares of Invesco Building & Construction ETF $PKB

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 14.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,650 shares of the company’s stock after purchasing an additional 9,183 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.97% of Invesco Building & Construction ETF worth $6,819,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Elm3 Financial Group LLC bought a new stake in Invesco Building & Construction ETF during the fourth quarter worth approximately $530,000. Jones Financial Companies Lllp boosted its position in Invesco Building & Construction ETF by 68.5% during the third quarter. Jones Financial Companies Lllp now owns 20,093 shares of the company’s stock worth $1,890,000 after purchasing an additional 8,169 shares during the period. Fifth Third Securities Inc. bought a new stake in Invesco Building & Construction ETF during the fourth quarter worth approximately $550,000. HighTower Advisors LLC boosted its position in Invesco Building & Construction ETF by 141.2% during the third quarter. HighTower Advisors LLC now owns 13,864 shares of the company’s stock worth $1,325,000 after purchasing an additional 8,115 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Invesco Building & Construction ETF in the third quarter valued at approximately $527,000.

Invesco Building & Construction ETF Trading Up 0.9%

PKB opened at $104.20 on Wednesday. Invesco Building & Construction ETF has a 1-year low of $76.50 and a 1-year high of $111.24. The stock has a market capitalization of $436.60 million, a price-to-earnings ratio of 21.37 and a beta of 1.31. The business has a 50 day moving average of $102.89 and a 200-day moving average of $100.46.

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. 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.