Marshall Investment Management LLC Takes Position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Marshall Investment Management LLC purchased a new stake in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 9,869 shares of the company’s stock, valued at approximately $1,140,000. Marshall Investment Management LLC owned about 0.26% of Invesco KBW Property & Casualty Insurance ETF as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. HighTower Advisors LLC acquired a new position in shares of Invesco KBW Property & Casualty Insurance ETF in the 3rd quarter valued at $22,390,000. Kingsview Wealth Management LLC lifted its stake in Invesco KBW Property & Casualty Insurance ETF by 65.8% during the 4th quarter. Kingsview Wealth Management LLC now owns 97,074 shares of the company’s stock worth $11,266,000 after acquiring an additional 38,537 shares in the last quarter. Raymond James & Associates acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $3,071,000. Truist Financial Corp lifted its stake in Invesco KBW Property & Casualty Insurance ETF by 0.6% during the 4th quarter. Truist Financial Corp now owns 25,361 shares of the company’s stock worth $2,943,000 after acquiring an additional 151 shares in the last quarter. Finally, Freedom Investment Management Inc. acquired a new position in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $2,735,000.

Invesco KBW Property & Casualty Insurance ETF Trading Down 0.5 %

KBWP opened at $112.85 on Friday. The stock’s 50-day moving average price is $114.65 and its 200 day moving average price is $115.90. Invesco KBW Property & Casualty Insurance ETF has a 12-month low of $100.25 and a 12-month high of $127.17. The firm has a market cap of $422.06 million, a price-to-earnings ratio of 10.82 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

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