Raymond James Financial Services Advisors Inc. cut its stake in the Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP – Get the Badge) by 23.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,970 shares of the company’s stock after selling 6,064 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.52% of Invesco KBW Property & Casualty Insurance ETF worth $1,469,000 at the end of the most recent quarter.
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Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the second quarter worth about $28,000. SeaCrest Wealth Management LLC acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the second quarter valued at $36,000. Royal Bank of Canada raised its holdings in Invesco KBW Property & Casualty Insurance ETF by 546.8% in the first quarter. Royal Bank of Canada now owns 1,300 shares of the company’s stock valued at $113,000 after acquiring an additional 1,099 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco KBW Property & Casualty Insurance ETF by 4.4% in the first quarter. Cetera Investment Advisers now owns 2,943 shares of the company’s stock worth $256,000 after buying an additional 125 shares in the last quarter. Later, Atria Wealth Solutions Inc. bought a new stake in Invesco KBW Property & Casualty Insurance ETF in the first quarter valued at $277,000.
Invesco KBW Property & Casualty Insurance ETF Price Performance
Share of NASDAQ:KBWP opened at $85.64 on Friday. The price of the 50-day moving average price is $86.85 and its two hundred day moving average price is $81.41. Invesco KBW Property & Casualty Insurance ETF has a 12-month low of $72.41 and a 12-month high of $89.73.
The Invesco KBW Property & Casualty Insurance ETF has cut its dividend
The business also recently announced a quarterly dividend, which was paid on Friday, December 23. Investors of record on Tuesday, December 20th were issued a dividend of $0.488 per share. It costs $1.95 annually and yields 2.28%. The distribution date is Monday, December 19th.
Special Issue
Want to see what other mutual funds KBWP holds? Visit HoldingsChannel.com Get the latest 13F filings and trades for Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP – Get the Badge).
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