7,008 Shares in Invesco KBW Bank ETF (NASDAQ:KBWB) Bought by Private Advisor Group LLC

Private Advisor Group LLC purchased a new position in Invesco KBW Bank ETF (NASDAQ:KBWB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,008 shares of the company’s stock, valued at approximately $458,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. grew its stake in Invesco KBW Bank ETF by 1,780,000.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock worth $174,494,000 after purchasing an additional 2,670,000 shares during the period. Fisher Asset Management LLC boosted its holdings in Invesco KBW Bank ETF by 11.6% in the third quarter. Fisher Asset Management LLC now owns 2,529,651 shares of the company’s stock worth $148,263,000 after acquiring an additional 262,800 shares in the last quarter. Wharton Business Group LLC boosted its holdings in Invesco KBW Bank ETF by 27.4% in the third quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock worth $116,489,000 after acquiring an additional 427,872 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Invesco KBW Bank ETF by 129,166.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after acquiring an additional 620,000 shares in the last quarter. Finally, Fiduciary Trust Co bought a new stake in Invesco KBW Bank ETF in the third quarter worth $27,113,000.

Invesco KBW Bank ETF Trading Down 1.8 %

Invesco KBW Bank ETF stock opened at $68.35 on Tuesday. The business’s fifty day simple moving average is $68.88 and its two-hundred day simple moving average is $64.95. Invesco KBW Bank ETF has a 12 month low of $49.32 and a 12 month high of $72.39. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.3601 dividend. The ex-dividend date was Monday, December 23rd.

Invesco KBW Bank ETF 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.