Trust Co. of Vermont Increases Stock Position in Invesco KBW Bank ETF (NASDAQ:KBWB)

Trust Co. of Vermont increased its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 105.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 616 shares of the company’s stock after buying an additional 316 shares during the quarter. Trust Co. of Vermont’s holdings in Invesco KBW Bank ETF were worth $30,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Analysts LLC boosted its stake in shares of Invesco KBW Bank ETF by 6,779.5% in the fourth quarter. Capital Analysts LLC now owns 2,683 shares of the company’s stock valued at $132,000 after purchasing an additional 2,644 shares during the period. Cerity Partners LLC bought a new position in Invesco KBW Bank ETF during the 4th quarter valued at $246,000. Envestnet Portfolio Solutions Inc. bought a new position in Invesco KBW Bank ETF during the 3rd quarter valued at $250,000. Robertson Stephens Wealth Management LLC bought a new position in Invesco KBW Bank ETF during the 3rd quarter valued at $254,000. Finally, Trexquant Investment LP bought a new position in Invesco KBW Bank ETF during the 4th quarter valued at $337,000.

Invesco KBW Bank ETF Price Performance

NASDAQ KBWB opened at $52.78 on Wednesday. Invesco KBW Bank ETF has a 12 month low of $36.51 and a 12 month high of $55.44. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19. The company’s fifty day moving average price is $52.84 and its two-hundred day moving average price is $50.64.

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.