Fifth Third Securities Inc. Buys 6,017 Shares of Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Fifth Third Securities Inc. grew its stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 108.2% in the fourth quarter, HoldingsChannel reports. The fund owned 11,577 shares of the company’s stock after acquiring an additional 6,017 shares during the period. Fifth Third Securities Inc.’s holdings in Invesco KBW Property & Casualty Insurance ETF were worth $1,344,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. HighTower Advisors LLC bought a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the third quarter worth $22,390,000. First National Corp MA ADV acquired a new stake in Invesco KBW Property & Casualty Insurance ETF in the third quarter worth about $11,330,000. Raymond James & Associates bought a new stake in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $3,071,000. Freedom Investment Management Inc. bought a new stake in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $2,735,000. Finally, PCG Wealth Advisors LLC acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the 4th quarter valued at about $1,635,000.

Invesco KBW Property & Casualty Insurance ETF Price Performance

Shares of NASDAQ:KBWP opened at $113.88 on Friday. The stock has a market cap of $427.05 million, a price-to-earnings ratio of 19.40 and a beta of 0.66. The company has a 50 day moving average of $117.68 and a 200-day moving average of $115.01. Invesco KBW Property & Casualty Insurance ETF has a one year low of $96.34 and a one year high of $127.17.

Invesco KBW Property & Casualty Insurance ETF Announces Dividend

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

About Invesco KBW Property & Casualty Insurance ETF

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.