Focus Financial Network Inc. Has $2.32 Million Stock Position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

Focus Financial Network Inc. lifted its position in Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP) by 5.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,091 shares of the company’s stock after buying an additional 988 shares during the quarter. Focus Financial Network Inc. owned about 0.55% of Invesco KBW Property & Casualty Insurance ETF worth $2,322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. First National Corp MA ADV acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the third quarter worth $11,330,000. Kingsview Wealth Management LLC lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 412.3% in the first quarter. Kingsview Wealth Management LLC now owns 61,495 shares of the company’s stock worth $6,626,000 after buying an additional 49,492 shares during the last quarter. Raymond James & Associates acquired a new stake in shares of Invesco KBW Property & Casualty Insurance ETF in the third quarter worth $3,071,000. Cetera Investment Advisers lifted its stake in shares of Invesco KBW Property & Casualty Insurance ETF by 12.9% in the second quarter. Cetera Investment Advisers now owns 12,529 shares of the company’s stock worth $1,283,000 after buying an additional 1,431 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in Invesco KBW Property & Casualty Insurance ETF by 33.0% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 11,998 shares of the company’s stock valued at $1,293,000 after purchasing an additional 2,979 shares during the last quarter.

Invesco KBW Property & Casualty Insurance ETF Price Performance

NASDAQ:KBWP opened at $113.45 on Friday. The stock has a market cap of $425.44 million, a P/E ratio of 19.40 and a beta of 0.66. Invesco KBW Property & Casualty Insurance ETF has a one year low of $87.36 and a one year high of $120.45. The company has a fifty day moving average price of $115.51 and a 200 day moving average price of $108.72.

Invesco KBW Property & Casualty Insurance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.342 per share. This is a boost from Invesco KBW Property & Casualty Insurance ETF’s previous quarterly dividend of $0.31. This represents a $1.37 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Monday, September 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.