Central Pacific Bank Trust Division Makes New $2.15 Million Investment in Invesco KBW Bank ETF $KBWB

Central Pacific Bank Trust Division purchased a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 23,155 shares of the company’s stock, valued at approximately $2,153,000.

A number of other hedge funds and other institutional investors have also modified their holdings of KBWB. JPMorgan Chase & Co. lifted its stake in shares of 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 valued at $772,603,000 after purchasing an additional 2,950,181 shares during the last quarter. Fisher Asset Management LLC raised its holdings in Invesco KBW Bank ETF by 9.3% during the fourth quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock valued at $300,765,000 after buying an additional 303,052 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Invesco KBW Bank ETF by 4.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,837,447 shares of the company’s stock valued at $239,168,000 after buying an additional 121,744 shares in the last quarter. Temasek Holdings Private Ltd lifted 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 worth $167,653,000 after buying an additional 920,001 shares during the last quarter. Finally, Two Sigma Investments LP boosted its stake in shares of 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 worth $94,904,000 after acquiring an additional 1,168,848 shares in the last quarter.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $98.33 on Wednesday. The business’s 50-day simple moving average is $93.60 and its 200-day simple moving average is $87.35. Invesco KBW Bank ETF has a 52 week low of $71.39 and a 52 week high of $98.98. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 13.35 and a beta of 1.01.

Invesco KBW Bank ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a $0.4729 dividend. This represents a $1.89 dividend on an annualized basis and a dividend yield of 1.9%. 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.