Temasek Holdings Private Ltd Decreases Position in Invesco KBW Bank ETF $KBWB

Temasek Holdings Private Ltd decreased its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 44.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,104,862 shares of the company’s stock after selling 884,139 shares during the period. Temasek Holdings Private Ltd’s holdings in Invesco KBW Bank ETF were worth $87,417,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Invesco KBW Bank ETF by 47.5% during the 4th quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock worth $772,603,000 after buying an additional 2,950,181 shares during the last quarter. Fisher Asset Management LLC grew its stake in Invesco KBW Bank ETF by 9.3% in the 4th quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock valued at $300,765,000 after acquiring an additional 303,052 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Invesco KBW Bank ETF by 4.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,837,447 shares of the company’s stock valued at $239,168,000 after acquiring an additional 121,744 shares during the last quarter. Two Sigma Investments LP increased its holdings in Invesco KBW Bank ETF by 2,620.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock valued at $94,904,000 after acquiring an additional 1,168,848 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in Invesco KBW Bank ETF during the 4th quarter valued at about $72,072,000.

Invesco KBW Bank ETF Trading Up 0.9%

Shares of KBWB opened at $96.86 on Wednesday. The stock has a market cap of $7.05 billion, a P/E ratio of 13.35 and a beta of 1.01. The company has a 50-day moving average of $91.33 and a two-hundred day moving average of $86.66. Invesco KBW Bank ETF has a 12-month low of $70.68 and a 12-month high of $98.97.

Invesco KBW Bank ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4729 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, June 22nd.

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.