Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Plans Monthly Dividend of $0.12

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) declared a monthly dividend on Monday, May 18th, NASDAQ Dividends reports. Shareholders of record on Monday, May 18th will be paid a dividend of 0.1225 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend is Monday, May 18th.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

KBWY traded up $0.17 during midday trading on Monday, reaching $17.00. 94,955 shares of the company’s stock were exchanged, compared to its average volume of 137,944. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $14.81 and a 1-year high of $17.39. The stock has a market capitalization of $280.84 million, a PE ratio of 22.41 and a beta of 1.01. The business’s 50-day moving average price is $16.17 and its 200 day moving average price is $15.91.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers grew its position in Invesco KBW Premium Yield Equity REIT ETF by 427.1% in the fourth quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock valued at $1,567,000 after acquiring an additional 82,296 shares in the last quarter. Jones Financial Companies Lllp grew its position in Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% in the first quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock valued at $851,000 after acquiring an additional 47,545 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Invesco KBW Premium Yield Equity REIT ETF by 775.1% in the third quarter. Tower Research Capital LLC TRC now owns 52,709 shares of the company’s stock valued at $841,000 after acquiring an additional 46,686 shares in the last quarter. Lmcg Investments LLC grew its position in Invesco KBW Premium Yield Equity REIT ETF by 61.3% in the first quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock valued at $1,841,000 after acquiring an additional 45,797 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at approximately $556,000.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.