Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Update

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 135,079 shares, a decline of 24.6% from the November 30th total of 179,237 shares. Based on an average daily volume of 267,119 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are sold short. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 267,119 shares, the days-to-cover ratio is presently 0.5 days.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Shares of KBWD opened at $13.66 on Thursday. The firm has a market capitalization of $421.27 million, a PE ratio of 10.83 and a beta of 1.15. The company’s 50-day moving average is $13.66 and its 200-day moving average is $13.80. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $11.96 and a fifty-two week high of $15.80.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.1478 dividend. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 13.0%.

Institutional Investors Weigh In On Invesco KBW High Dividend Yield Financial ETF

Several hedge funds have recently bought and sold shares of KBWD. CreativeOne Wealth LLC grew its position in shares of Invesco KBW High Dividend Yield Financial ETF by 9.4% in the first quarter. CreativeOne Wealth LLC now owns 29,009 shares of the company’s stock valued at $419,000 after purchasing an additional 2,489 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 5,978.0% in the 1st quarter. Jones Financial Companies Lllp now owns 12,156 shares of the company’s stock valued at $176,000 after buying an additional 11,956 shares in the last quarter. Integrity Alliance LLC. acquired a new position in Invesco KBW High Dividend Yield Financial ETF in the 1st quarter valued at $153,000. Mattson Financial Services LLC increased its position in Invesco KBW High Dividend Yield Financial ETF by 19.4% during the 1st quarter. Mattson Financial Services LLC now owns 5,110 shares of the company’s stock worth $74,000 after buying an additional 830 shares during the period. Finally, Gradient Investments LLC lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 8.3% during the second quarter. Gradient Investments LLC now owns 523,842 shares of the company’s stock worth $7,266,000 after buying an additional 40,206 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.