Corient Private Wealth LLC Sells 4,763 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Corient Private Wealth LLC lessened its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 60.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,074 shares of the company’s stock after selling 4,763 shares during the period. Corient Private Wealth LLC’s holdings in Invesco KBW Bank ETF were worth $201,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Invesco KBW Bank ETF by 961.2% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock worth $192,782,000 after buying an additional 2,672,000 shares during the period. Fisher Asset Management LLC raised its position in shares of Invesco KBW Bank ETF by 10.4% in the 4th quarter. Fisher Asset Management LLC now owns 2,792,499 shares of the company’s stock worth $182,490,000 after acquiring an additional 262,848 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Invesco KBW Bank ETF by 1,780,000.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock worth $174,494,000 after acquiring an additional 2,670,000 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Invesco KBW Bank ETF by 129,166.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after purchasing an additional 620,000 shares during the last quarter. Finally, Summit Trail Advisors LLC bought a new stake in Invesco KBW Bank ETF during the fourth quarter valued at about $20,039,000.

Invesco KBW Bank ETF Price Performance

KBWB opened at $62.36 on Wednesday. The firm has a market capitalization of $3.01 billion, a PE ratio of 13.06 and a beta of 1.19. The business’s 50-day moving average is $67.26 and its two-hundred day moving average is $65.73. Invesco KBW Bank ETF has a 1 year low of $49.32 and a 1 year high of $72.39.

Invesco KBW Bank ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.4118 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco KBW Bank ETF’s previous dividend of $0.36.

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.