Invesco KBW Bank ETF $KBWB Shares Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC increased its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 9.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,568,214 shares of the company’s stock after acquiring an additional 303,052 shares during the quarter. Fisher Asset Management LLC owned approximately 0.05% of Invesco KBW Bank ETF worth $300,765,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of KBWB. JPMorgan Chase & Co. grew its holdings in shares of Invesco KBW Bank ETF by 77.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,215,823 shares of the company’s stock worth $486,140,000 after acquiring an additional 2,712,112 shares during the last quarter. Two Sigma Investments LP grew its holdings in shares of Invesco KBW Bank ETF by 2,620.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock worth $94,904,000 after acquiring an additional 1,168,848 shares during the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of Invesco KBW Bank ETF in the third quarter worth $83,606,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco KBW Bank ETF by 2,254.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 313,609 shares of the company’s stock worth $26,434,000 after buying an additional 300,290 shares during the period. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in shares of Invesco KBW Bank ETF in the third quarter worth $9,933,000.

Invesco KBW Bank ETF Price Performance

Shares of Invesco KBW Bank ETF stock opened at $86.53 on Tuesday. The stock has a market cap of $5.46 billion, a PE ratio of 13.35 and a beta of 1.04. The business has a fifty day simple moving average of $83.06 and a 200-day simple moving average of $83.28. Invesco KBW Bank ETF has a 12 month low of $63.59 and a 12 month high of $91.43.

Invesco KBW Bank ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.4898 per share. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44. This represents a $1.96 dividend on an annualized basis and a yield of 2.3%.

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.