Capital Analysts LLC Grows Position in Invesco KBW Bank ETF (NASDAQ:KBWB)

Capital Analysts LLC lifted its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 6,779.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,683 shares of the company’s stock after buying an additional 2,644 shares during the quarter. Capital Analysts LLC’s holdings in Invesco KBW Bank ETF were worth $132,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of KBWB. Koshinski Asset Management Inc. increased its position in Invesco KBW Bank ETF by 77.1% in the fourth quarter. Koshinski Asset Management Inc. now owns 17,872 shares of the company’s stock worth $879,000 after purchasing an additional 7,783 shares during the last quarter. Global Retirement Partners LLC increased its position in Invesco KBW Bank ETF by 6,581.0% in the fourth quarter. Global Retirement Partners LLC now owns 13,362 shares of the company’s stock worth $636,000 after purchasing an additional 13,162 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Invesco KBW Bank ETF in the third quarter worth $250,000. Miracle Mile Advisors LLC increased its position in Invesco KBW Bank ETF by 1.4% in the third quarter. Miracle Mile Advisors LLC now owns 335,149 shares of the company’s stock worth $13,429,000 after purchasing an additional 4,575 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Invesco KBW Bank ETF by 2.7% in the third quarter. HighTower Advisors LLC now owns 15,389 shares of the company’s stock worth $609,000 after purchasing an additional 401 shares during the last quarter.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB opened at $50.30 on Friday. The company’s fifty day moving average is $50.72 and its 200 day moving average is $46.57. Invesco KBW Bank ETF has a fifty-two week low of $36.19 and a fifty-two week high of $53.79. The stock has a market capitalization of $1.42 billion, a PE ratio of 10.44 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a dividend of $0.4265 per share. This represents a $1.71 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date was Monday, March 18th.

Invesco KBW Bank ETF Company 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.