Short Interest in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Decreases By 25.4%

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 137,813 shares, a decrease of 25.4% from the February 12th total of 184,671 shares. Based on an average trading volume of 501,573 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 501,573 shares, the short-interest ratio is presently 0.3 days.

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

A number of large investors have recently modified their holdings of KBWD. Comerica Bank lifted its position in Invesco KBW High Dividend Yield Financial ETF by 11.7% during the 3rd quarter. Comerica Bank now owns 8,451 shares of the company’s stock worth $114,000 after acquiring an additional 887 shares in the last quarter. Harbour Investments Inc. raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 100.0% during the fourth quarter. Harbour Investments Inc. now owns 2,000 shares of the company’s stock valued at $27,000 after purchasing an additional 1,000 shares during the period. Kingswood Wealth Advisors LLC raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 2.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 54,766 shares of the company’s stock valued at $748,000 after purchasing an additional 1,086 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 3.4% during the second quarter. Rockefeller Capital Management L.P. now owns 35,665 shares of the company’s stock worth $495,000 after purchasing an additional 1,167 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 11.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 11,912 shares of the company’s stock worth $163,000 after purchasing an additional 1,271 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of NASDAQ:KBWD traded down $0.12 during midday trading on Friday, hitting $12.49. 350,357 shares of the company’s stock traded hands, compared to its average volume of 396,514. The firm’s fifty day moving average price is $13.75 and its two-hundred day moving average price is $13.72. Invesco KBW High Dividend Yield Financial ETF has a twelve month low of $11.96 and a twelve month high of $15.06. The company has a market cap of $390.94 million, a PE ratio of 10.83 and a beta of 1.15.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.148 per share. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date was Monday, February 23rd.

About Invesco KBW High Dividend Yield Financial ETF

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.