6,057 Shares in Invesco KBW Bank ETF (NASDAQ:KBWB) Bought by Tanager Wealth Management LLP

Tanager Wealth Management LLP acquired a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,057 shares of the company’s stock, valued at approximately $396,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Fisher Asset Management LLC grew its stake in shares of Invesco KBW Bank ETF by 11.6% in the third quarter. Fisher Asset Management LLC now owns 2,529,651 shares of the company’s stock worth $148,263,000 after purchasing an additional 262,800 shares in the last quarter. Wharton Business Group LLC grew its stake in shares of Invesco KBW Bank ETF by 27.4% in the third quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock worth $116,489,000 after purchasing an additional 427,872 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Invesco KBW Bank ETF by 129,166.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock worth $40,548,000 after purchasing an additional 620,000 shares in the last quarter. Fiduciary Trust Co bought a new position in shares of Invesco KBW Bank ETF in the third quarter worth $27,113,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Invesco KBW Bank ETF by 6.9% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 278,000 shares of the company’s stock worth $16,294,000 after purchasing an additional 18,000 shares in the last quarter.

Invesco KBW Bank ETF Stock Performance

NASDAQ:KBWB opened at $70.54 on Wednesday. Invesco KBW Bank ETF has a 1 year low of $46.87 and a 1 year high of $72.03. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19. The business has a fifty day moving average of $68.15 and a 200-day moving average of $63.09.

Invesco KBW Bank ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3601 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco KBW Bank ETF

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.