First National Corp MA ADV Has $4.32 Million Holdings in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

First National Corp MA ADV decreased its position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 62.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 37,220 shares of the company’s stock after selling 60,831 shares during the period. Invesco KBW Property & Casualty Insurance ETF comprises about 1.0% of First National Corp MA ADV’s investment portfolio, making the stock its 26th biggest holding. First National Corp MA ADV owned 0.99% of Invesco KBW Property & Casualty Insurance ETF worth $4,320,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KBWP. HighTower Advisors LLC acquired a new stake in Invesco KBW Property & Casualty Insurance ETF during the 3rd quarter worth about $22,390,000. Kingsview Wealth Management LLC lifted its position in shares of Invesco KBW Property & Casualty Insurance ETF by 65.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 97,074 shares of the company’s stock worth $11,266,000 after purchasing an additional 38,537 shares in the last quarter. Raymond James & Associates acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF during the third quarter worth approximately $3,071,000. Freedom Investment Management Inc. purchased a new position in Invesco KBW Property & Casualty Insurance ETF during the third quarter valued at approximately $2,735,000. Finally, Focus Financial Network Inc. increased its stake in Invesco KBW Property & Casualty Insurance ETF by 5.2% in the 3rd quarter. Focus Financial Network Inc. now owns 20,091 shares of the company’s stock valued at $2,322,000 after buying an additional 988 shares during the period.

Invesco KBW Property & Casualty Insurance ETF Stock Down 0.7 %

Shares of NASDAQ:KBWP opened at $114.72 on Monday. The firm has a fifty day moving average of $116.31 and a two-hundred day moving average of $115.41. Invesco KBW Property & Casualty Insurance ETF has a 12-month low of $97.10 and a 12-month high of $127.17. The firm has a market capitalization of $429.05 million, a P/E ratio of 19.40 and a beta of 0.66.

Invesco KBW Property & Casualty Insurance ETF Dividend Announcement

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

Invesco KBW Property & Casualty Insurance ETF Profile

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.