Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Update

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 605,500 shares, an increase of 8.1% from the October 31st total of 560,200 shares. Based on an average daily volume of 167,600 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Trading of Invesco KBW High Dividend Yield Financial ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. CreativeOne Wealth LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the third quarter valued at about $255,000. Farther Finance Advisors LLC lifted its stake in Invesco KBW High Dividend Yield Financial ETF by 46.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after acquiring an additional 3,412 shares during the period. Good Life Advisors LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter valued at $266,000. CWM LLC increased its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% in the third quarter. CWM LLC now owns 29,781 shares of the company’s stock worth $455,000 after acquiring an additional 1,507 shares during the period. Finally, Mattson Financial Services LLC purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the second quarter valued at approximately $45,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of KBWD opened at $15.46 on Tuesday. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $14.34 and a fifty-two week high of $16.38. The company’s fifty day moving average is $15.12 and its 200 day moving average is $15.25. The stock has a market capitalization of $403.04 million, a PE ratio of 8.21 and a beta of 1.40.

Invesco KBW High Dividend Yield Financial ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.147 per share. The ex-dividend date of this dividend was Monday, November 18th.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.