Integrity Alliance LLC. Purchases New Holdings in Invesco KBW Bank ETF $KBWB

Integrity Alliance LLC. purchased a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the third quarter, Holdings Channel.com reports. The firm purchased 25,966 shares of the company’s stock, valued at approximately $2,265,000.

Other large investors also recently modified their holdings of the company. Annex Advisory Services LLC acquired a new stake in shares of Invesco KBW Bank ETF in the 3rd quarter valued at about $70,800,000. Envestnet Asset Management Inc. raised its holdings in shares of Invesco KBW Bank ETF by 92.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 194,141 shares of the company’s stock worth $18,051,000 after acquiring an additional 93,236 shares during the last quarter. Ayalon Insurance Comp Ltd. boosted its stake in Invesco KBW Bank ETF by 596.4% during the 3rd quarter. Ayalon Insurance Comp Ltd. now owns 172,700 shares of the company’s stock valued at $15,065,000 after purchasing an additional 147,900 shares during the last quarter. Valley Wealth Managers Inc. increased its holdings in Invesco KBW Bank ETF by 32.1% during the 3rd quarter. Valley Wealth Managers Inc. now owns 134,591 shares of the company’s stock worth $11,740,000 after purchasing an additional 32,687 shares in the last quarter. Finally, Lowe Brockenbrough & Co. Inc. grew its holdings in Invesco KBW Bank ETF by 0.6% during the first quarter. Lowe Brockenbrough & Co. Inc. now owns 109,735 shares of the company’s stock worth $8,682,000 after buying an additional 678 shares in the last quarter.

Invesco KBW Bank ETF Stock Performance

NASDAQ:KBWB opened at $91.26 on Thursday. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 12.89 and a beta of 1.05. Invesco KBW Bank ETF has a 52 week low of $74.33 and a 52 week high of $100.61. The firm has a 50-day moving average price of $90.66 and a two-hundred day moving average price of $88.95.

Invesco KBW Bank ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.4601 dividend. The ex-dividend date was Monday, September 21st. This represents a $1.84 dividend on an annualized basis and a yield of 2.0%. This is a decrease from Invesco KBW Bank ETF’s previous quarterly dividend of $0.4729.

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.