GLOBALT Investments LLC GA Lowers Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

GLOBALT Investments LLC GA reduced its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 3.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,787 shares of the company’s stock after selling 376 shares during the period. GLOBALT Investments LLC GA’s holdings in Invesco KBW Bank ETF were worth $705,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Private Advisor Group LLC purchased a new stake in shares of Invesco KBW Bank ETF during the 4th quarter worth $458,000. FMR LLC boosted its position in shares of Invesco KBW Bank ETF by 32.3% during the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after purchasing an additional 515 shares in the last quarter. Private Trust Co. NA boosted its position in shares of Invesco KBW Bank ETF by 88.7% during the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after purchasing an additional 266 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Invesco KBW Bank ETF by 143.5% during the 4th quarter. Jones Financial Companies Lllp now owns 2,876 shares of the company’s stock worth $188,000 after purchasing an additional 1,695 shares in the last quarter. Finally, Financial Advocates Investment Management purchased a new stake in shares of Invesco KBW Bank ETF during the 4th quarter worth $2,143,000.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $62.31 on Tuesday. The firm has a market capitalization of $3.01 billion, a P/E ratio of 12.76 and a beta of 1.19. Invesco KBW Bank ETF has a one year low of $49.32 and a one year high of $72.39. The company’s fifty day moving average is $68.20 and its two-hundred day moving average is $65.28.

Invesco KBW Bank ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.3601 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.