XP Advisory US Inc. purchased a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) during the second quarter, Holdings Channel reports. The fund purchased 54,941 shares of the company’s stock, valued at approximately $5,108,000. Invesco KBW Bank ETF comprises 2.8% of XP Advisory US Inc.’s portfolio, making the stock its 6th largest position.
Several other large investors have also recently made changes to their positions in the stock. North Star Investment Management Corp. acquired a new stake in Invesco KBW Bank ETF in the 1st quarter valued at approximately $29,000. IFP Advisors Inc acquired a new position in Invesco KBW Bank ETF during the fourth quarter worth $35,000. Private Wealth Management Group LLC acquired a new position in Invesco KBW Bank ETF during the first quarter worth $40,000. Allworth Financial LP lifted its stake in Invesco KBW Bank ETF by 31.5% during the fourth quarter. Allworth Financial LP now owns 522 shares of the company’s stock worth $44,000 after purchasing an additional 125 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Invesco KBW Bank ETF by 970.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock worth $45,000 after buying an additional 485 shares during the period.
Invesco KBW Bank ETF Stock Down 0.0%
KBWB opened at $97.65 on Friday. Invesco KBW Bank ETF has a 52 week low of $73.32 and a 52 week high of $100.61. The business has a fifty day simple moving average of $96.58 and a 200-day simple moving average of $89.00. The firm has a market cap of $6.88 billion, a P/E ratio of 13.35 and a beta of 1.01.
Invesco KBW Bank ETF Announces Dividend
Invesco KBW Bank ETF Company 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.
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