Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Update

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 208,825 shares, a decrease of 62.8% from the August 31st total of 561,633 shares. Based on an average trading volume of 167,204 shares, the short-interest ratio is currently 1.2 days. Currently, 1.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

A number of large investors have recently bought and sold shares of KBWY. First PREMIER Bank bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter valued at $3,158,000. Lmcg Investments LLC raised its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 61.3% in the 1st quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock worth $1,841,000 after acquiring an additional 45,797 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter worth $132,000. Royal Bank of Canada boosted its position in Invesco KBW Premium Yield Equity REIT ETF by 45.8% during the first quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after purchasing an additional 1,632 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the first quarter valued at about $78,000.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of NASDAQ:KBWY traded up $0.03 during trading hours on Friday, hitting $16.85. The company’s stock had a trading volume of 208,995 shares, compared to its average volume of 154,251. Invesco KBW Premium Yield Equity REIT ETF has a 52 week low of $14.81 and a 52 week high of $19.35. The company has a market capitalization of $305.66 million, a price-to-earnings ratio of 22.41 and a beta of 0.99. The firm’s fifty day moving average price is $17.98 and its 200 day moving average price is $17.41.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were issued a dividend of $0.1199 per share. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco KBW Premium Yield Equity REIT ETF’s previous monthly dividend of $0.1199. This represents a $1.44 annualized dividend and a yield of 8.5%.

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.