Invesco KBW Bank ETF (NASDAQ:KBWB) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 31.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,747 shares of the company’s stock after buying an additional 3,301 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco KBW Bank ETF were worth $898,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of KBWB. Private Trust Co. NA raised its holdings in shares of Invesco KBW Bank ETF by 88.7% in the third quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after acquiring an additional 266 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Invesco KBW Bank ETF in the third quarter valued at about $29,000. FMR LLC grew its position in Invesco KBW Bank ETF by 32.3% in the third quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after acquiring an additional 515 shares in the last quarter. Addison Advisors LLC grew its stake in shares of 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 acquiring an additional 972 shares in the last quarter. Finally, HM Payson & Co. purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter valued at approximately $68,000.

Invesco KBW Bank ETF Stock Performance

NASDAQ:KBWB opened at $72.21 on Friday. The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19. The stock has a 50-day simple moving average of $68.16 and a 200 day simple moving average of $63.14. Invesco KBW Bank ETF has a one year low of $46.87 and a one year high of $72.24.

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 given 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.