1,897 Shares in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc bought a new stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,897 shares of the company’s stock, valued at approximately $219,000. Prospera Financial Services Inc owned about 0.05% of Invesco KBW Property & Casualty Insurance ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. acquired a new stake in Invesco KBW Property & Casualty Insurance ETF in the 2nd quarter worth $767,000. AdvisorNet Financial Inc raised its holdings in Invesco KBW Property & Casualty Insurance ETF by 8.5% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,323 shares of the company’s stock valued at $135,000 after acquiring an additional 104 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of Invesco KBW Property & Casualty Insurance ETF by 3.1% in the 2nd quarter. Focus Financial Network Inc. now owns 19,103 shares of the company’s stock worth $2,071,000 after acquiring an additional 566 shares during the period. WBI Investments LLC grew its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 6.7% during the 2nd quarter. WBI Investments LLC now owns 2,231 shares of the company’s stock worth $229,000 after purchasing an additional 140 shares in the last quarter. Finally, Hudock Inc. bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the second quarter valued at approximately $240,000.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of KBWP stock opened at $124.83 on Tuesday. Invesco KBW Property & Casualty Insurance ETF has a one year low of $88.03 and a one year high of $125.62. The stock has a fifty day moving average price of $117.47 and a 200 day moving average price of $110.66. The stock has a market cap of $468.11 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.342 per share. This represents a $1.37 dividend on an annualized basis and a dividend yield of 1.10%. This is an increase from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco KBW Property & Casualty Insurance ETF Company Profile

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.