Fulcrum Equity Management Sells 7,146 Shares of Invesco Building & Construction ETF $PKB

Fulcrum Equity Management trimmed its holdings in shares of Invesco Building & Construction ETF (NYSEARCA:PKB) by 65.8% during the 4th quarter, Holdings Channel reports. The fund owned 3,716 shares of the company’s stock after selling 7,146 shares during the period. Fulcrum Equity Management’s holdings in Invesco Building & Construction ETF were worth $344,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Advocates LLC bought a new stake in shares of Invesco Building & Construction ETF in the 3rd quarter valued at about $27,000. Susquehanna International Group LLP lifted its position in shares of Invesco Building & Construction ETF by 56.2% in the 3rd quarter. Susquehanna International Group LLP now owns 4,639 shares of the company’s stock worth $444,000 after purchasing an additional 1,670 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco Building & Construction ETF by 22.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 64,467 shares of the company’s stock valued at $6,163,000 after purchasing an additional 11,925 shares in the last quarter. Mariner LLC boosted its stake in shares of Invesco Building & Construction ETF by 46.3% during the third quarter. Mariner LLC now owns 7,757 shares of the company’s stock valued at $742,000 after purchasing an additional 2,456 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Invesco Building & Construction ETF by 6.6% during the third quarter. Bank of America Corp DE now owns 56,514 shares of the company’s stock valued at $5,403,000 after buying an additional 3,494 shares during the period.

Invesco Building & Construction ETF Stock Down 0.6%

Shares of NYSEARCA:PKB opened at $95.86 on Friday. The company has a market capitalization of $357.56 million, a price-to-earnings ratio of 21.37 and a beta of 1.30. Invesco Building & Construction ETF has a 52 week low of $59.89 and a 52 week high of $111.24. The firm has a 50 day moving average of $103.08 and a 200 day moving average of $97.48.

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.