Hennion & Walsh Asset Management Inc. Sells 440 Shares of Invesco Building & Construction ETF (NYSEARCA:PKB)

Hennion & Walsh Asset Management Inc. trimmed its stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 6.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,580 shares of the company’s stock after selling 440 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.16% of Invesco Building & Construction ETF worth $521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of PKB. Accel Wealth Management bought a new position in Invesco Building & Construction ETF during the 1st quarter worth approximately $272,000. Commonwealth Equity Services LLC grew its position in shares of Invesco Building & Construction ETF by 2.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 9,403 shares of the company’s stock worth $704,000 after buying an additional 250 shares during the last quarter. Outlook Wealth Advisors LLC bought a new stake in shares of Invesco Building & Construction ETF in the 2nd quarter worth approximately $962,000. Apollon Wealth Management LLC bought a new stake in shares of Invesco Building & Construction ETF in the 2nd quarter worth approximately $2,397,000. Finally, Nilsine Partners LLC grew its position in shares of Invesco Building & Construction ETF by 1.4% in the 2nd quarter. Nilsine Partners LLC now owns 22,853 shares of the company’s stock worth $1,550,000 after buying an additional 312 shares during the last quarter.

Invesco Building & Construction ETF Stock Performance

Shares of PKB stock opened at $79.07 on Tuesday. The firm has a market cap of $330.51 million, a P/E ratio of 13.36 and a beta of 1.43. Invesco Building & Construction ETF has a fifty-two week low of $46.87 and a fifty-two week high of $83.17. The business’s 50 day moving average price is $76.78 and its 200-day moving average price is $72.59.

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.