Invesco KBW Bank ETF $KBWB Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp increased its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWBFree Report) by 2,434.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,554 shares of the company’s stock after purchasing an additional 9,177 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco KBW Bank ETF were worth $756,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in KBWB. North Star Investment Management Corp. purchased a new stake in shares of Invesco KBW Bank ETF during the first quarter worth $29,000. IFP Advisors Inc purchased a new stake in Invesco KBW Bank ETF during the 4th quarter valued at about $35,000. Private Wealth Management Group LLC acquired a new stake in Invesco KBW Bank ETF in the 1st quarter valued at about $40,000. Allworth Financial LP raised its holdings in Invesco KBW Bank ETF by 31.5% in the 4th quarter. Allworth Financial LP now owns 522 shares of the company’s stock valued at $44,000 after acquiring an additional 125 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Invesco KBW Bank ETF by 970.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock worth $45,000 after purchasing an additional 485 shares in the last quarter.

Invesco KBW Bank ETF Price Performance

KBWB opened at $96.57 on Tuesday. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of 13.35 and a beta of 1.01. The company’s 50 day simple moving average is $92.34 and its two-hundred day simple moving average is $86.94. Invesco KBW Bank ETF has a 1-year low of $70.68 and a 1-year high of $98.97.

Invesco KBW Bank ETF Dividend Announcement

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

Invesco KBW Bank ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Invesco KBW Bank ETF (NASDAQ:KBWB)

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