Invesco KBW Bank ETF (NASDAQ:KBWB) Shares Bought by Fmr LLC

Fmr LLC raised its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 32.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,108 shares of the company’s stock after purchasing an additional 515 shares during the quarter. Fmr LLC’s holdings in Invesco KBW Bank ETF were worth $124,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of KBWB. Private Trust Co. NA increased its holdings in Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after buying an additional 266 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of Invesco KBW Bank ETF in the third quarter worth $29,000. International Assets Investment Management LLC purchased a new position in shares of Invesco KBW Bank ETF during the second quarter worth $43,000. Addison Advisors LLC lifted its position in Invesco KBW Bank ETF by 3.6% during the third quarter. Addison Advisors LLC now owns 28,194 shares of the company’s stock valued at $1,652,000 after purchasing an additional 972 shares during the period. Finally, HM Payson & Co. purchased a new stake in Invesco KBW Bank ETF in the third quarter valued at $68,000.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB opened at $65.53 on Monday. The business’s 50-day moving average is $66.66 and its two-hundred day moving average is $59.93. The company has a market capitalization of $2.00 billion, a P/E ratio of 10.69 and a beta of 1.19. Invesco KBW Bank ETF has a fifty-two week low of $46.53 and a fifty-two week high of $71.78.

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.