Invesco Building & Construction ETF $PKB Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. cut its holdings in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 40.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,901 shares of the company’s stock after selling 18,288 shares during the period. Fifth Third Securities Inc.’s holdings in Invesco Building & Construction ETF were worth $2,442,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Cetera Investment Advisers lifted its holdings in shares of Invesco Building & Construction ETF by 105.3% during the 1st quarter. Cetera Investment Advisers now owns 127,427 shares of the company’s stock valued at $12,433,000 after purchasing an additional 65,365 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco Building & Construction ETF by 86.9% during the 1st quarter. Bank of America Corp DE now owns 121,030 shares of the company’s stock worth $11,809,000 after buying an additional 56,264 shares during the last quarter. Royal Bank of Canada grew its stake in Invesco Building & Construction ETF by 308.4% during the 1st quarter. Royal Bank of Canada now owns 90,245 shares of the company’s stock worth $8,805,000 after buying an additional 68,150 shares during the last quarter. Capital Asset Advisory Services LLC acquired a new position in Invesco Building & Construction ETF during the 1st quarter valued at about $2,183,000. Finally, Envestnet Asset Management Inc. increased its position in Invesco Building & Construction ETF by 14.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,773 shares of the company’s stock valued at $2,216,000 after buying an additional 2,537 shares in the last quarter.

Invesco Building & Construction ETF Price Performance

Shares of NYSEARCA:PKB opened at $87.27 on Thursday. The business’s 50-day moving average is $94.36 and its 200 day moving average is $101.19. Invesco Building & Construction ETF has a 1 year low of $86.20 and a 1 year high of $115.81. The firm has a market capitalization of $256.57 million, a P/E ratio of 21.37 and a beta of 1.27.

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. 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.