Carr Financial Group Corp Cuts Stake in Invesco Building & Construction ETF (NYSEARCA:PKB)

Carr Financial Group Corp lowered its position in Invesco Building & Construction ETF (NYSEARCA:PKB) by 7.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,633 shares of the company’s stock after selling 432 shares during the period. Carr Financial Group Corp’s holdings in Invesco Building & Construction ETF were worth $426,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of PKB. KKM Financial LLC boosted its stake in shares of Invesco Building & Construction ETF by 4.8% during the third quarter. KKM Financial LLC now owns 6,061 shares of the company’s stock valued at $482,000 after purchasing an additional 279 shares during the period. Private Advisor Group LLC boosted its stake in shares of Invesco Building & Construction ETF by 3.6% during the third quarter. Private Advisor Group LLC now owns 9,108 shares of the company’s stock valued at $725,000 after purchasing an additional 314 shares during the period. Outlook Wealth Advisors LLC boosted its stake in shares of Invesco Building & Construction ETF by 4.8% during the third quarter. Outlook Wealth Advisors LLC now owns 14,868 shares of the company’s stock valued at $1,183,000 after purchasing an additional 684 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of Invesco Building & Construction ETF by 3.2% during the third quarter. Apollon Wealth Management LLC now owns 36,479 shares of the company’s stock valued at $2,903,000 after purchasing an additional 1,129 shares during the period. Finally, Global Trust Asset Management LLC purchased a new stake in shares of Invesco Building & Construction ETF during the third quarter valued at approximately $97,000.

Invesco Building & Construction ETF Stock Down 0.7 %

Shares of PKB stock opened at $81.91 on Friday. The stock has a fifty day moving average of $80.88 and a 200 day moving average of $77.70. Invesco Building & Construction ETF has a 52 week low of $61.39 and a 52 week high of $88.96. The firm has a market capitalization of $342.38 million, a price-to-earnings ratio of 13.36 and a beta of 1.43.

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.