Invesco KBW Bank ETF (NASDAQ:KBWB) Shares Acquired by Simplex Trading LLC

Simplex Trading LLC lifted its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 15,427.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,590 shares of the company’s stock after acquiring an additional 5,554 shares during the period. Simplex Trading LLC’s holdings in Invesco KBW Bank ETF were worth $365,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd raised its stake in Invesco KBW Bank ETF by 961.2% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock worth $192,782,000 after acquiring an additional 2,672,000 shares during the last quarter. Fisher Asset Management LLC grew its stake in Invesco KBW Bank ETF by 10.4% during the 4th quarter. Fisher Asset Management LLC now owns 2,792,499 shares of the company’s stock valued at $182,490,000 after purchasing an additional 262,848 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of 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 valued at $174,494,000 after purchasing an additional 2,670,000 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of 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 purchasing an additional 620,000 shares during the last quarter. Finally, Horizon Investments LLC acquired a new stake in shares of Invesco KBW Bank ETF during the fourth quarter worth about $25,599,000.

Invesco KBW Bank ETF Trading Up 1.7 %

Shares of NASDAQ KBWB opened at $63.45 on Thursday. The company has a 50 day simple moving average of $67.13 and a two-hundred day simple moving average of $65.71. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 13.06 and a beta of 1.19. Invesco KBW Bank ETF has a 12 month low of $49.32 and a 12 month high of $72.39.

Invesco KBW Bank ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.4118 per share. 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.

About Invesco KBW Bank ETF

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.