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

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 108,618 shares, a drop of 45.8% from the January 15th total of 200,236 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 315,212 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 315,212 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco KBW High Dividend Yield Financial ETF

A number of institutional investors have recently modified their holdings of KBWD. Jones Financial Companies Lllp increased its position in shares of Invesco KBW High Dividend Yield Financial ETF by 5,978.0% in the first quarter. Jones Financial Companies Lllp now owns 12,156 shares of the company’s stock valued at $176,000 after buying an additional 11,956 shares in the last quarter. IFP Advisors Inc increased its holdings in Invesco KBW High Dividend Yield Financial ETF by 9.1% in the 2nd quarter. IFP Advisors Inc now owns 19,628 shares of the company’s stock worth $272,000 after acquiring an additional 1,633 shares in the last quarter. CWM LLC grew its position in shares of Invesco KBW High Dividend Yield Financial ETF by 3.9% in the second quarter. CWM LLC now owns 28,846 shares of the company’s stock valued at $400,000 after purchasing an additional 1,084 shares during the period. Atria Wealth Solutions Inc. increased its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 10.5% during the second quarter. Atria Wealth Solutions Inc. now owns 54,812 shares of the company’s stock worth $760,000 after purchasing an additional 5,190 shares in the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter worth about $140,000.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Invesco KBW High Dividend Yield Financial ETF stock traded down $0.01 during trading hours on Friday, hitting $13.80. 236,805 shares of the stock traded hands, compared to its average volume of 358,023. The firm’s 50 day moving average price is $13.99 and its 200-day moving average price is $13.83. The stock has a market capitalization of $431.94 million, a price-to-earnings ratio of 10.83 and a beta of 1.15. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $11.96 and a 1 year high of $15.80.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a dividend of $0.1479 per share. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date was Tuesday, January 20th.

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.