Fifth Third Securities Inc. Buys 191 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Fifth Third Securities Inc. grew its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,214 shares of the company’s stock after purchasing an additional 191 shares during the quarter. Fifth Third Securities Inc.’s holdings in Invesco KBW Bank ETF were worth $225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trust Co. of Vermont lifted its stake in shares of Invesco KBW Bank ETF by 105.3% in the 4th quarter. Trust Co. of Vermont now owns 616 shares of the company’s stock valued at $30,000 after purchasing an additional 316 shares during the period. PNC Financial Services Group Inc. acquired a new position in shares of Invesco KBW Bank ETF in the 4th quarter valued at about $37,000. Lynx Investment Advisory acquired a new position in shares of Invesco KBW Bank ETF in the 2nd quarter valued at about $121,000. Capital Analysts LLC lifted its stake in shares of Invesco KBW Bank ETF by 6,779.5% in the 4th quarter. Capital Analysts LLC now owns 2,683 shares of the company’s stock valued at $132,000 after purchasing an additional 2,644 shares during the period. Finally, Satovsky Asset Management LLC acquired a new position in Invesco KBW Bank ETF during the 1st quarter worth approximately $203,000.

Invesco KBW Bank ETF Trading Down 0.5 %

KBWB stock traded down $0.29 during trading on Monday, reaching $54.48. 496,778 shares of the stock were exchanged, compared to its average volume of 821,799. The firm’s 50 day moving average is $54.70 and its 200 day moving average is $52.58. Invesco KBW Bank ETF has a twelve month low of $36.51 and a twelve month high of $59.56. The firm has a market cap of $1.58 billion, a P/E ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.3984 per share. This represents a $1.59 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date was Monday, June 24th.

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.