Invesco KBW Bank ETF (NASDAQ:KBWB) Position Increased by Fisher Asset Management LLC

Fisher Asset Management LLC raised its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 32.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,593,175 shares of the company’s stock after purchasing an additional 392,919 shares during the period. Fisher Asset Management LLC owned about 4.79% of Invesco KBW Bank ETF worth $78,368,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Analysts LLC grew its position in shares of Invesco KBW Bank ETF by 6,779.5% during the fourth quarter. Capital Analysts LLC now owns 2,683 shares of the company’s stock worth $132,000 after acquiring an additional 2,644 shares during the last quarter. Cerity Partners LLC acquired a new stake in Invesco KBW Bank ETF in the fourth quarter worth about $246,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Invesco KBW Bank ETF in the third quarter worth about $250,000. Robertson Stephens Wealth Management LLC acquired a new stake in Invesco KBW Bank ETF in the third quarter worth about $254,000. Finally, Trexquant Investment LP acquired a new stake in Invesco KBW Bank ETF in the fourth quarter worth about $337,000.

Invesco KBW Bank ETF Stock Down 0.6 %

KBWB stock opened at $51.69 on Monday. The company has a market capitalization of $1.53 billion, a P/E ratio of 10.69 and a beta of 1.19. The company has a 50-day simple moving average of $52.86 and a 200 day simple moving average of $50.53. Invesco KBW Bank ETF has a fifty-two week low of $36.51 and a fifty-two week high of $55.44.

Invesco KBW Bank ETF Company Profile

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.