Fifth Third Bancorp increased its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free 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
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.
Further Reading
- Five stocks we like better than Invesco KBW Bank ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Invesco KBW Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.
