Simplex Trading LLC Invests $538,000 in Invesco KBW Bank ETF (NASDAQ:KBWB)

Simplex Trading LLC acquired a new stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,941 shares of the company’s stock, valued at approximately $538,000.

Several other institutional investors also recently bought and sold shares of KBWB. Concourse Financial Group Securities Inc. lifted its holdings in shares of Invesco KBW Bank ETF by 1,000.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 1,210 shares of the company’s stock valued at $48,000 after purchasing an additional 1,100 shares in the last quarter. Capital Analysts LLC lifted its stake in Invesco KBW Bank ETF by 6,779.5% during the 4th quarter. Capital Analysts LLC now owns 2,683 shares of the company’s stock valued at $132,000 after acquiring an additional 2,644 shares during the period. Cerity Partners LLC purchased a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at about $246,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Invesco KBW Bank ETF in the third quarter worth approximately $250,000. Finally, Robertson Stephens Wealth Management LLC purchased a new position in shares of Invesco KBW Bank ETF during the third quarter valued at approximately $254,000.

Invesco KBW Bank ETF Trading Up 0.8 %

Shares of KBWB stock opened at $52.97 on Friday. Invesco KBW Bank ETF has a 12-month low of $36.19 and a 12-month high of $53.79. The stock has a market capitalization of $1.56 billion, a P/E ratio of 10.29 and a beta of 1.19. The firm’s 50 day moving average is $51.54 and its 200 day moving average is $47.65.

Invesco KBW Bank ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.4265 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.71 dividend on an annualized basis and a dividend yield of 3.22%.

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.