Leuthold Group LLC Invests $887,000 in Invesco Building & Construction ETF $PKB

Leuthold Group LLC acquired a new position in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,580 shares of the company’s stock, valued at approximately $887,000. Leuthold Group LLC owned approximately 0.26% of Invesco Building & Construction ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Peterson Wealth Services increased its stake in Invesco Building & Construction ETF by 6,575.0% in the third quarter. Peterson Wealth Services now owns 267 shares of the company’s stock valued at $26,000 after purchasing an additional 263 shares during the last quarter. Strategic Advocates LLC purchased a new position in Invesco Building & Construction ETF in the third quarter valued at approximately $27,000. Copia Wealth Management purchased a new position in Invesco Building & Construction ETF in the third quarter valued at approximately $46,000. High Point Wealth Management LLC purchased a new position in Invesco Building & Construction ETF in the fourth quarter valued at approximately $107,000. Finally, Apollon Wealth Management LLC increased its stake in Invesco Building & Construction ETF by 10.2% in the fourth quarter. Apollon Wealth Management LLC now owns 2,690 shares of the company’s stock valued at $249,000 after purchasing an additional 248 shares during the last quarter.

Invesco Building & Construction ETF Price Performance

Shares of Invesco Building & Construction ETF stock opened at $102.10 on Monday. The firm has a market capitalization of $427.80 million, a P/E ratio of 21.37 and a beta of 1.31. Invesco Building & Construction ETF has a 52 week low of $75.53 and a 52 week high of $111.24. The firm’s 50 day moving average is $102.05 and its two-hundred day moving average is $99.95.

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.