SOA Wealth Advisors LLC. Reduces Holdings in Invesco Building & Construction ETF (NYSEARCA:PKB)

SOA Wealth Advisors LLC. reduced its position in Invesco Building & Construction ETF (NYSEARCA:PKB) by 7.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,774 shares of the company’s stock after selling 358 shares during the period. SOA Wealth Advisors LLC.’s holdings in Invesco Building & Construction ETF were worth $362,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new position in shares of Invesco Building & Construction ETF during the fourth quarter worth approximately $1,665,000. Ibex Wealth Advisors purchased a new position in Invesco Building & Construction ETF during the 4th quarter worth $869,000. Raymond James & Associates increased its stake in Invesco Building & Construction ETF by 6.8% in the third quarter. Raymond James & Associates now owns 77,065 shares of the company’s stock valued at $6,132,000 after purchasing an additional 4,898 shares during the period. Stifel Financial Corp raised its holdings in shares of Invesco Building & Construction ETF by 8.6% in the third quarter. Stifel Financial Corp now owns 44,166 shares of the company’s stock valued at $3,515,000 after buying an additional 3,496 shares during the last quarter. Finally, PFG Investments LLC purchased a new stake in shares of Invesco Building & Construction ETF in the third quarter valued at about $233,000.

Invesco Building & Construction ETF Trading Down 1.8 %

Shares of PKB stock opened at $77.05 on Friday. The company has a market capitalization of $322.07 million, a P/E ratio of 13.36 and a beta of 1.43. The business’s 50 day moving average is $79.31 and its two-hundred day moving average is $78.07. Invesco Building & Construction ETF has a twelve month low of $63.37 and a twelve month high of $88.96.

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.