Nilsine Partners LLC Sells 88 Shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Nilsine Partners LLC reduced its position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,164 shares of the company’s stock after selling 88 shares during the period. Nilsine Partners LLC’s holdings in Invesco KBW Property & Casualty Insurance ETF were worth $1,760,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. PCG Wealth Advisors LLC purchased a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 4th quarter worth $1,635,000. Carr Financial Group Corp purchased a new position in Invesco KBW Property & Casualty Insurance ETF in the fourth quarter worth about $258,000. Janney Montgomery Scott LLC bought a new stake in Invesco KBW Property & Casualty Insurance ETF during the fourth quarter worth approximately $1,543,000. Virtue Capital Management LLC purchased a new stake in Invesco KBW Property & Casualty Insurance ETF during the third quarter valued at approximately $840,000. Finally, MML Investors Services LLC lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 7.0% in the 3rd quarter. MML Investors Services LLC now owns 10,895 shares of the company’s stock valued at $1,259,000 after purchasing an additional 716 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Stock Performance

NASDAQ KBWP opened at $116.71 on Tuesday. The business’s 50 day moving average price is $118.17 and its 200-day moving average price is $114.84. Invesco KBW Property & Casualty Insurance ETF has a fifty-two week low of $96.34 and a fifty-two week high of $127.17. The company has a market cap of $440.00 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.7787 per share. The ex-dividend date was Monday, December 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.