Private Advisor Group LLC Purchases Shares of 5,881 Invesco Building & Construction ETF $PKB

Private Advisor Group LLC bought a new stake in Invesco Building & Construction ETF (NYSEARCA:PKB) during the first quarter, Holdings Channel reports. The fund bought 5,881 shares of the company’s stock, valued at approximately $574,000.

Several other institutional investors also recently bought and sold shares of PKB. NewEdge Advisors LLC increased its holdings in Invesco Building & Construction ETF by 3.3% in the 1st quarter. NewEdge Advisors LLC now owns 5,723 shares of the company’s stock valued at $385,000 after purchasing an additional 185 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of Invesco Building & Construction ETF by 10.2% during the 4th quarter. Apollon Wealth Management LLC now owns 2,690 shares of the company’s stock valued at $249,000 after buying an additional 248 shares during the last quarter. Strategic Advocates LLC bought a new position in Invesco Building & Construction ETF during the 3rd quarter valued at $27,000. Global Retirement Partners LLC grew its stake in Invesco Building & Construction ETF by 30.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,203 shares of the company’s stock worth $111,000 after purchasing an additional 283 shares in the last quarter. Finally, one8zero8 LLC acquired a new position in shares of Invesco Building & Construction ETF in the 4th quarter worth approximately $31,000.

Invesco Building & Construction ETF Price Performance

PKB stock opened at $103.91 on Thursday. Invesco Building & Construction ETF has a 1-year low of $81.23 and a 1-year high of $115.81. The firm has a fifty day moving average price of $105.58 and a two-hundred day moving average price of $103.29. The firm has a market cap of $442.66 million, a price-to-earnings ratio of 21.37 and a beta of 1.27.

About Invesco Building & Construction ETF

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. The Index consists of stocks of 30 United States building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports.