Invesco KBW Bank ETF $KBWB Shares Acquired by UBS Group AG

UBS Group AG grew its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 18.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 304,697 shares of the company’s stock after purchasing an additional 46,460 shares during the quarter. UBS Group AG owned approximately 0.43% of Invesco KBW Bank ETF worth $25,683,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Quadcap Wealth Management LLC raised its stake in Invesco KBW Bank ETF by 0.4% during the 3rd quarter. Quadcap Wealth Management LLC now owns 55,017 shares of the company’s stock worth $4,303,000 after acquiring an additional 235 shares in the last quarter. Investment Management Corp VA ADV raised its stake in Invesco KBW Bank ETF by 2.0% during the 3rd quarter. Investment Management Corp VA ADV now owns 13,183 shares of the company’s stock worth $1,031,000 after acquiring an additional 256 shares in the last quarter. Wilmington Savings Fund Society FSB raised its stake in Invesco KBW Bank ETF by 5.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,280 shares of the company’s stock worth $413,000 after acquiring an additional 283 shares in the last quarter. City Center Advisors LLC raised its stake in Invesco KBW Bank ETF by 3.6% during the 4th quarter. City Center Advisors LLC now owns 8,277 shares of the company’s stock worth $698,000 after acquiring an additional 287 shares in the last quarter. Finally, Quattro Financial Advisors LLC raised its stake in Invesco KBW Bank ETF by 0.7% during the 4th quarter. Quattro Financial Advisors LLC now owns 42,235 shares of the company’s stock worth $3,560,000 after acquiring an additional 300 shares in the last quarter.

Invesco KBW Bank ETF Price Performance

Shares of NASDAQ:KBWB opened at $85.24 on Monday. The company’s fifty day moving average price is $82.14 and its 200 day moving average price is $82.57. Invesco KBW Bank ETF has a 12 month low of $63.11 and a 12 month high of $91.43. The firm has a market capitalization of $5.38 billion, a P/E ratio of 13.35 and a beta of 1.04.

Invesco KBW Bank ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.4898 per share. The ex-dividend date was Monday, March 23rd. This represents a $1.96 annualized dividend and a yield of 2.3%. This is an increase from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44.

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.