Central Pacific Bank Trust Division Has $3.79 Million Stake in Invesco KBW Bank ETF $KBWB

Central Pacific Bank Trust Division grew its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 87.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,890 shares of the company’s stock after purchasing an additional 24,615 shares during the period. Central Pacific Bank Trust Division owned about 0.09% of Invesco KBW Bank ETF worth $3,788,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of KBWB. Jane Street Group LLC acquired a new stake in Invesco KBW Bank ETF in the 4th quarter worth $597,000. Ameriprise Financial Inc. grew its position in Invesco KBW Bank ETF by 6.0% in the 4th quarter. Ameriprise Financial Inc. now owns 20,598 shares of the company’s stock worth $1,346,000 after purchasing an additional 1,160 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Invesco KBW Bank ETF in the 4th quarter worth $629,000. Focus Partners Wealth acquired a new stake in Invesco KBW Bank ETF in the 4th quarter worth $219,000. Finally, Quantinno Capital Management LP grew its position in Invesco KBW Bank ETF by 42.3% in the 4th quarter. Quantinno Capital Management LP now owns 37,213 shares of the company’s stock worth $2,432,000 after purchasing an additional 11,055 shares during the last quarter.

Invesco KBW Bank ETF Price Performance

NASDAQ KBWB opened at $78.06 on Friday. The company’s fifty day moving average is $74.73 and its two-hundred day moving average is $67.57. The firm has a market capitalization of $5.00 billion, a price-to-earnings 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 $78.43.

Invesco KBW Bank ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 23rd were issued a dividend of $0.4098 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, June 23rd.

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.