WP Advisors LLC Lowers Stake in Invesco KBW Bank ETF (NASDAQ:KBWB)

Posted by Lauren Steadman on Feb 21st, 2025

WP Advisors LLC lowered its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 92,258 shares of the company’s stock after selling 737 shares during the quarter. Invesco KBW Bank ETF accounts for 2.0% of WP Advisors LLC’s investment portfolio, making the stock its 13th biggest position. WP Advisors LLC owned 0.19% of Invesco KBW Bank ETF worth $6,029,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in KBWB. Capital Performance Advisors LLP purchased a new position in Invesco KBW Bank ETF in the 3rd quarter worth $29,000. Private Trust Co. NA raised its position 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 purchasing an additional 266 shares during the period. Synergy Asset Management LLC purchased a new position in Invesco KBW Bank ETF in the 4th quarter worth $40,000. Thompson Investment Management Inc. purchased a new position in Invesco KBW Bank ETF in the 4th quarter worth $54,000. Finally, HM Payson & Co. purchased a new position in Invesco KBW Bank ETF in the 3rd quarter worth $68,000.

Invesco KBW Bank ETF Stock Down 2.4 %

Shares of NASDAQ:KBWB opened at $70.24 on Friday. The company’s fifty day moving average is $68.53 and its 200 day moving average is $64.12. Invesco KBW Bank ETF has a 52 week low of $48.26 and a 52 week high of $72.39. The stock has a market cap of $3.39 billion, a PE ratio of 14.51 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The company also recently disclosed 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.

About Invesco KBW Bank ETF

(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.