Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Plans Dividend Increase – $0.42 Per Share

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) declared a quarterly dividend on Monday, June 23rd, NASDAQ Dividends reports. Shareholders of record on Monday, June 23rd will be given a dividend of 0.4187 per share on Friday, June 27th. This represents a $1.67 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Monday, June 23rd. This is a 4.4% increase from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40.

Invesco KBW Regional Banking ETF Trading Up 0.9%

KBWR opened at $56.03 on Tuesday. The firm has a market capitalization of $49.87 million, a PE ratio of 13.18 and a beta of 1.05. The firm has a 50 day moving average of $55.51 and a two-hundred day moving average of $57.90. Invesco KBW Regional Banking ETF has a 12-month low of $46.66 and a 12-month high of $69.75.

Hedge Funds Weigh In On Invesco KBW Regional Banking ETF

An institutional investor recently bought a new position in Invesco KBW Regional Banking ETF stock. Jane Street Group LLC bought a new stake in shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,384 shares of the company’s stock, valued at approximately $302,000. Jane Street Group LLC owned approximately 0.60% of Invesco KBW Regional Banking ETF at the end of the most recent reporting period.

Invesco KBW Regional Banking ETF Company Profile

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.