2,834 Shares in Invesco KBW Bank ETF $KBWB Bought by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp acquired a new stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,834 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Invesco KBW Bank ETF in the 1st quarter worth about $27,000. Fifth Third Bancorp purchased a new stake in Invesco KBW Bank ETF in the 2nd quarter worth about $31,000. Private Trust Co. NA lifted its stake in 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 last quarter. Park Square Financial Group LLC purchased a new position in shares of Invesco KBW Bank ETF during the first quarter valued at approximately $60,000. Finally, Comerica Bank boosted its position in shares of Invesco KBW Bank ETF by 58.3% during the first quarter. Comerica Bank now owns 1,189 shares of the company’s stock valued at $75,000 after buying an additional 438 shares during the period.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $76.91 on Friday. The business’s 50 day moving average price is $76.08 and its 200-day moving average price is $68.94. Invesco KBW Bank ETF has a fifty-two week low of $51.13 and a fifty-two week high of $80.04. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 13.35 and a beta of 1.19.

Invesco KBW Bank ETF Increases Dividend

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

Invesco KBW Bank ETF 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.