Invesco KBW Bank ETF $KBWB Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 6.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 145,619 shares of the company’s stock after selling 10,241 shares during the period. Cetera Investment Advisers’ holdings in Invesco KBW Bank ETF were worth $11,521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its stake in Invesco KBW Bank ETF by 47.5% in the 4th quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock worth $772,603,000 after purchasing an additional 2,950,181 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Invesco KBW Bank ETF by 9.3% during the 4th quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock worth $300,765,000 after purchasing an additional 303,052 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Invesco KBW Bank ETF by 4.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,837,447 shares of the company’s stock valued at $239,168,000 after purchasing an additional 121,744 shares in the last quarter. Temasek Holdings Private Ltd grew its position in shares of Invesco KBW Bank ETF by 86.1% in the fourth quarter. Temasek Holdings Private Ltd now owns 1,989,001 shares of the company’s stock valued at $167,653,000 after purchasing an additional 920,001 shares in the last quarter. Finally, Two Sigma Investments LP increased its holdings in shares of Invesco KBW Bank ETF by 2,620.7% in the third quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock valued at $94,904,000 after purchasing an additional 1,168,848 shares during the last quarter.

Invesco KBW Bank ETF Stock Performance

Shares of Invesco KBW Bank ETF stock opened at $94.43 on Thursday. Invesco KBW Bank ETF has a one year low of $70.68 and a one year high of $98.97. The company has a market cap of $6.72 billion, a price-to-earnings ratio of 13.35 and a beta of 1.01. The business’s 50 day moving average price is $92.78 and its 200 day moving average price is $87.05.

Invesco KBW Bank ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.4729 dividend. This represents a $1.89 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, June 22nd.

Invesco KBW Bank ETF 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.