LPL Financial LLC Raises Position in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

LPL Financial LLC lifted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 545,694 shares of the company’s stock after buying an additional 28,505 shares during the quarter. LPL Financial LLC owned 4.37% of Invesco KBW Premium Yield Equity REIT ETF worth $9,773,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Securities Inc. raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 80.2% during the fourth quarter. Fifth Third Securities Inc. now owns 217,040 shares of the company’s stock valued at $3,887,000 after purchasing an additional 96,603 shares during the period. Raymond James Financial Inc. purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter worth $2,729,000. RPS Advisory Solutions LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter worth $1,651,000. Lmcg Investments LLC lifted its holdings in Invesco KBW Premium Yield Equity REIT ETF by 54.7% in the 4th quarter. Lmcg Investments LLC now owns 32,346 shares of the company’s stock worth $579,000 after buying an additional 11,438 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in Invesco KBW Premium Yield Equity REIT ETF by 801.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 12,308 shares of the company’s stock valued at $220,000 after buying an additional 10,942 shares during the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of NASDAQ KBWY opened at $15.48 on Friday. Invesco KBW Premium Yield Equity REIT ETF has a 1 year low of $15.36 and a 1 year high of $21.86. The stock’s 50-day simple moving average is $17.16 and its 200-day simple moving average is $18.70. The firm has a market cap of $200.16 million, a price-to-earnings ratio of 9.92 and a beta of 1.25.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.1262 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco KBW Premium Yield Equity REIT ETF Company 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.