MML Investors Services LLC Sells 4,352 Shares of Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

MML Investors Services LLC lessened its position in shares of Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 29.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 10,569 shares of the company’s stock after selling 4,352 shares during the quarter. MML Investors Services LLC owned approximately 0.09% of Invesco KBW Premium Yield Equity REIT ETF worth $223,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 3rd quarter valued at about $29,000. Petix & Botte Co acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the third quarter valued at approximately $206,000. Jane Street Group LLC bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter worth approximately $220,000. Lmcg Investments LLC grew its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 24.9% during the 2nd quarter. Lmcg Investments LLC now owns 19,551 shares of the company’s stock worth $349,000 after buying an additional 3,897 shares during the period. Finally, Centaurus Financial Inc. acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter worth approximately $528,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 0.1 %

Invesco KBW Premium Yield Equity REIT ETF stock opened at $18.09 on Friday. The company has a market capitalization of $224.14 million, a PE ratio of 17.25 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a 12-month low of $16.79 and a 12-month high of $21.86. The firm’s fifty day moving average is $19.62 and its 200 day moving average is $19.63.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 23rd will be paid a $0.1263 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

Invesco KBW Premium Yield Equity REIT ETF Profile

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.