3,446 Shares in Invesco KBW Bank ETF $KBWB Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC acquired a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 3,446 shares of the company’s stock, valued at approximately $258,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Advisor Group LLC grew its holdings in Invesco KBW Bank ETF by 287.6% during the first quarter. Private Advisor Group LLC now owns 27,163 shares of the company’s stock worth $1,705,000 after acquiring an additional 20,155 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco KBW Bank ETF by 63.8% in the first quarter. Envestnet Asset Management Inc. now owns 146,520 shares of the company’s stock valued at $9,197,000 after purchasing an additional 57,078 shares during the last quarter. Private Trust Co. NA grew its holdings 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 valued at $43,000 after purchasing an additional 260 shares during the last quarter. Astoria Portfolio Advisors LLC. acquired a new stake in Invesco KBW Bank ETF in the second quarter valued at $399,000. Finally, Fifth Third Bancorp acquired a new stake in Invesco KBW Bank ETF in the second quarter valued at $31,000.

Invesco KBW Bank ETF Stock Performance

Invesco KBW Bank ETF stock opened at $76.94 on Friday. The firm has a market capitalization of $5.73 billion, a price-to-earnings ratio of 13.35 and a beta of 1.19. Invesco KBW Bank ETF has a fifty-two week low of $51.13 and a fifty-two week high of $80.04. The stock’s fifty day moving average is $76.82 and its two-hundred day moving average is $70.55.

Invesco KBW Bank ETF Increases Dividend

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

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.