Capital Analysts LLC Boosts Stock Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

Capital Analysts LLC grew its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 6,779.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,683 shares of the company’s stock after buying an additional 2,644 shares during the period. Capital Analysts LLC’s holdings in Invesco KBW Bank ETF were worth $132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Comerica Bank purchased a new stake in Invesco KBW Bank ETF in the 3rd quarter worth $25,000. PNC Financial Services Group Inc. purchased a new stake in Invesco KBW Bank ETF in the 1st quarter worth $29,000. Concourse Financial Group Securities Inc. increased its holdings in Invesco KBW Bank ETF by 1,000.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,210 shares of the company’s stock worth $48,000 after acquiring an additional 1,100 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in Invesco KBW Bank ETF in the 1st quarter worth $67,000. Finally, Money Concepts Capital Corp purchased a new stake in Invesco KBW Bank ETF in the 4th quarter worth $101,000.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $50.30 on Friday. The firm has a market cap of $1.42 billion, a PE ratio of 10.44 and a beta of 1.19. The firm has a fifty day moving average of $50.72 and a 200 day moving average of $46.57. Invesco KBW Bank ETF has a one year low of $36.19 and a one year high of $53.79.

Invesco KBW Bank ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.4265 dividend. This represents a $1.71 annualized dividend and a yield of 3.39%. The ex-dividend date of this dividend was Monday, March 18th.

About Invesco KBW Bank ETF

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.