Bank of New York Mellon Corp Cuts Stake in Invesco KBW Bank ETF (NASDAQ:KBWB)

Posted by Defense World Staff on Mar 17th, 2025

Bank of New York Mellon Corp lessened its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 76.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,624 shares of the company’s stock after selling 273,069 shares during the quarter. Bank of New York Mellon Corp owned about 0.18% of Invesco KBW Bank ETF worth $5,596,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Private Trust Co. NA boosted its position 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 valued at $33,000 after acquiring an additional 266 shares during the period. Synergy Asset Management LLC purchased a new position in shares of Invesco KBW Bank ETF in the fourth quarter worth $40,000. Thompson Investment Management Inc. purchased a new position in shares of Invesco KBW Bank ETF in the fourth quarter worth $54,000. FMR LLC boosted its holdings 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. Finally, Finley Financial LLC bought a new stake in Invesco KBW Bank ETF in the fourth quarter valued at $156,000.

Invesco KBW Bank ETF Stock Up 3.0 %

NASDAQ:KBWB opened at $61.84 on Monday. Invesco KBW Bank ETF has a twelve month low of $49.32 and a twelve month high of $72.39. The stock has a market cap of $2.99 billion, a P/E ratio of 12.76 and a beta of 1.19. The firm’s fifty day simple moving average is $68.29 and its 200 day simple moving average is $65.25.

Invesco KBW Bank ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.3601 per share. The ex-dividend date was Monday, December 23rd.

Invesco KBW Bank ETF Company Profile

(Free Report)

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.