Invesco KBW Bank ETF $KBWB Shares Sold by Horizon Investments LLC

Horizon Investments LLC lowered its stake in Invesco KBW Bank ETF (NASDAQ:KBWB) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 397,216 shares of the company’s stock after selling 37,318 shares during the quarter. Horizon Investments LLC owned about 0.57% of Invesco KBW Bank ETF worth $33,481,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in Invesco KBW Bank ETF by 77.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,215,823 shares of the company’s stock valued at $486,140,000 after buying an additional 2,712,112 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in Invesco KBW Bank ETF by 83.8% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,177,620 shares of the company’s stock valued at $326,732,000 after buying an additional 1,905,000 shares during the period. Fisher Asset Management LLC increased its stake in Invesco KBW Bank ETF by 9.1% during the 3rd quarter. Fisher Asset Management LLC now owns 3,265,162 shares of the company’s stock valued at $255,368,000 after buying an additional 273,692 shares during the period. Two Sigma Investments LP increased its stake in Invesco KBW Bank ETF by 2,620.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock valued at $94,904,000 after buying an additional 1,168,848 shares during the period. Finally, Temasek Holdings Private Ltd acquired a new position in Invesco KBW Bank ETF during the 3rd quarter valued at about $83,606,000.

Invesco KBW Bank ETF Trading Down 0.6%

Invesco KBW Bank ETF stock opened at $86.80 on Friday. The stock has a market cap of $5.48 billion, a price-to-earnings ratio of 13.35 and a beta of 1.04. The company’s 50-day moving average price is $82.02 and its two-hundred day moving average price is $82.23. Invesco KBW Bank ETF has a 52 week low of $61.71 and a 52 week high of $91.43.

Invesco KBW Bank ETF Increases Dividend

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

Invesco KBW Bank ETF Company 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.