7,079 Shares in Invesco KBW Bank ETF $KBWB Bought by Bank OZK

Bank OZK purchased a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 7,079 shares of the company’s stock, valued at approximately $658,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Carlson Financial Inc. bought a new stake in Invesco KBW Bank ETF in the 2nd quarter valued at $250,000. XP Advisory US Inc. bought a new position in shares of Invesco KBW Bank ETF during the 2nd quarter worth about $5,108,000. Compass Financial Management LLC bought a new position in shares of Invesco KBW Bank ETF during the 2nd quarter worth about $617,000. Quantitative Investment Management LLC acquired a new stake in shares of Invesco KBW Bank ETF during the 2nd quarter valued at about $5,564,000. Finally, Trust Co. of Vermont bought a new stake in Invesco KBW Bank ETF in the second quarter valued at about $129,000.

Invesco KBW Bank ETF Trading Down 1.1%

NASDAQ KBWB traded down $1.03 on Tuesday, reaching $96.62. The company’s stock had a trading volume of 1,685,024 shares, compared to its average volume of 1,934,180. Invesco KBW Bank ETF has a 52 week low of $73.32 and a 52 week high of $100.61. The firm has a market cap of $6.80 billion, a PE ratio of 13.35 and a beta of 1.01. The business has a 50-day moving average price of $96.66 and a 200 day moving average price of $89.11.

Invesco KBW Bank ETF Dividend Announcement

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

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.