Hazlett Burt & Watson Inc. Buys 3,071 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Hazlett Burt & Watson Inc. increased its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 18.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,613 shares of the company’s stock after purchasing an additional 3,071 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in Invesco KBW Bank ETF were worth $1,285,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of KBWB. Robertson Stephens Wealth Management LLC increased its stake in shares of Invesco KBW Bank ETF by 1.7% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 10,504 shares of the company’s stock worth $686,000 after purchasing an additional 173 shares in the last quarter. Wilmington Savings Fund Society FSB grew its stake in Invesco KBW Bank ETF by 6.4% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,385 shares of the company’s stock valued at $287,000 after buying an additional 264 shares in the last quarter. Private Trust Co. NA grew its stake 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 valued at $33,000 after buying an additional 266 shares in the last quarter. Addison Advisors LLC raised its holdings in Invesco KBW Bank ETF by 1.7% during the 4th quarter. Addison Advisors LLC now owns 28,679 shares of the company’s stock valued at $1,874,000 after acquiring an additional 485 shares during the period. Finally, FMR LLC lifted its position in shares of Invesco KBW Bank ETF by 32.3% during the third quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after acquiring an additional 515 shares in the last quarter.

Invesco KBW Bank ETF Price Performance

Invesco KBW Bank ETF stock opened at $61.95 on Monday. Invesco KBW Bank ETF has a one year low of $49.32 and a one year high of $72.39. The firm has a market capitalization of $2.99 billion, a P/E ratio of 13.06 and a beta of 1.19. The business has a fifty day moving average price of $67.57 and a 200-day moving average price of $65.64.

Invesco KBW Bank ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a dividend of $0.4118 per share. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco KBW Bank ETF’s previous dividend of $0.36.

About Invesco KBW Bank ETF

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.