Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Trading Down 0.3%

Shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR) traded down 0.3% during trading on Wednesday . The stock traded as low as $52.92 and last traded at $53.07. 591 shares were traded during mid-day trading, a decline of 91% from the average session volume of 6,559 shares. The stock had previously closed at $53.22.

Invesco KBW Regional Banking ETF Stock Down 0.3 %

The firm has a market cap of $53.07 million, a P/E ratio of 9.98 and a beta of 1.05. The business’s 50 day moving average is $51.57 and its two-hundred day moving average is $50.19.

Invesco KBW Regional Banking ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a $0.4008 dividend. The ex-dividend date was Monday, June 24th. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.60 annualized dividend and a yield of 3.02%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco KBW Regional Banking ETF stock. Private Advisor Group LLC grew its position in shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR) by 130.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,118 shares of the company’s stock after acquiring an additional 24,421 shares during the quarter. Private Advisor Group LLC owned about 3.59% of Invesco KBW Regional Banking ETF worth $2,357,000 as of its most recent filing with the Securities & Exchange Commission.

Invesco KBW Regional Banking ETF Company Profile

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.