Bank Hapoalim BM Acquires 821 Shares of Invesco KBW Bank ETF $KBWB

Bank Hapoalim BM lifted its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 12.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,270 shares of the company’s stock after purchasing an additional 821 shares during the period. Bank Hapoalim BM’s holdings in Invesco KBW Bank ETF were worth $521,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Invesco KBW Bank ETF in the first quarter worth about $27,000. Fifth Third Bancorp bought a new position in shares of Invesco KBW Bank ETF in the second quarter worth about $31,000. Private Trust Co. NA increased its stake in shares of Invesco KBW Bank ETF by 61.2% in the first quarter. Private Trust Co. NA now owns 685 shares of the company’s stock worth $43,000 after purchasing an additional 260 shares during the period. Park Square Financial Group LLC bought a new position in shares of Invesco KBW Bank ETF in the first quarter worth about $60,000. Finally, Comerica Bank increased its stake in shares of Invesco KBW Bank ETF by 58.3% in the first quarter. Comerica Bank now owns 1,189 shares of the company’s stock worth $75,000 after purchasing an additional 438 shares during the period.

Invesco KBW Bank ETF Stock Performance

Invesco KBW Bank ETF stock opened at $77.40 on Friday. The business’s 50-day simple moving average is $76.12 and its 200-day simple moving average is $69.05. The firm has a market capitalization of $5.64 billion, a PE ratio of 13.35 and a beta of 1.19. Invesco KBW Bank ETF has a 52 week low of $51.13 and a 52 week high of $80.04.

Invesco KBW Bank ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a $0.4515 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.81 dividend on an annualized basis and a dividend yield of 2.3%. This is an increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.41.

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.