Invesco KBW Bank ETF (NASDAQ:KBWB) Shares Purchased by Fmr LLC

Fmr LLC increased its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 32.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,108 shares of the company’s stock after buying an additional 515 shares during the quarter. Fmr LLC’s holdings in Invesco KBW Bank ETF were worth $124,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its position in shares of Invesco KBW Bank ETF by 11.6% in the third quarter. Fisher Asset Management LLC now owns 2,529,651 shares of the company’s stock worth $148,263,000 after acquiring an additional 262,800 shares during the period. Wharton Business Group LLC increased its stake in shares of Invesco KBW Bank ETF by 27.4% in the 3rd quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock valued at $116,489,000 after purchasing an additional 427,872 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in Invesco KBW Bank ETF by 6.9% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 278,000 shares of the company’s stock worth $16,294,000 after purchasing an additional 18,000 shares during the period. Valley Wealth Managers Inc. boosted its position in Invesco KBW Bank ETF by 55.9% during the third quarter. Valley Wealth Managers Inc. now owns 203,122 shares of the company’s stock worth $11,905,000 after purchasing an additional 72,820 shares in the last quarter. Finally, RFG Holdings Inc. grew its holdings in Invesco KBW Bank ETF by 4.3% in the third quarter. RFG Holdings Inc. now owns 202,888 shares of the company’s stock valued at $11,893,000 after purchasing an additional 8,353 shares during the period.

Invesco KBW Bank ETF Price Performance

Shares of KBWB stock opened at $65.53 on Monday. Invesco KBW Bank ETF has a 1-year low of $46.53 and a 1-year high of $71.78. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19. The stock has a 50 day simple moving average of $66.66 and a 200-day simple moving average of $59.93.

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.