Juncture Wealth Strategies LLC Purchases New Stake in Invesco KBW Bank ETF (NASDAQ:KBWB)

Juncture Wealth Strategies LLC acquired a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 8,260 shares of the company’s stock, valued at approximately $540,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in KBWB. Fisher Asset Management LLC lifted its stake in shares of Invesco KBW Bank ETF by 11.6% in the 3rd quarter. Fisher Asset Management LLC now owns 2,529,651 shares of the company’s stock valued at $148,263,000 after acquiring an additional 262,800 shares during the last quarter. Wharton Business Group LLC raised its holdings in Invesco KBW Bank ETF by 27.4% in the 3rd quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock valued at $116,489,000 after buying an additional 427,872 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Invesco KBW Bank ETF by 129,166.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after purchasing an additional 620,000 shares during the period. Fiduciary Trust Co bought a new stake in shares of Invesco KBW Bank ETF in the third quarter worth $27,113,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its holdings in Invesco KBW Bank ETF by 6.9% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 278,000 shares of the company’s stock worth $16,294,000 after buying an additional 18,000 shares during the period.

Invesco KBW Bank ETF Price Performance

Shares of KBWB opened at $70.61 on Friday. The business has a 50-day moving average of $68.01 and a 200-day moving average of $62.36. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19. Invesco KBW Bank ETF has a 1 year low of $46.87 and a 1 year high of $71.78.

Invesco KBW Bank ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.3601 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.