Rockland Trust Co. reduced its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 2.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 18,040 shares of the company’s stock after selling 421 shares during the period. Rockland Trust Co.’s holdings in Invesco KBW Bank ETF were worth $1,057,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KBWB. Stephens Inc. AR lifted its position in shares of Invesco KBW Bank ETF by 13.0% in the fourth quarter. Stephens Inc. AR now owns 80,882 shares of the company’s stock worth $3,979,000 after buying an additional 9,317 shares during the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Invesco KBW Bank ETF during the 4th quarter worth about $5,296,000. GLOBALT Investments LLC GA bought a new stake in shares of Invesco KBW Bank ETF in the 4th quarter worth approximately $643,000. Fisher Asset Management LLC lifted its position in Invesco KBW Bank ETF by 32.7% in the fourth quarter. Fisher Asset Management LLC now owns 1,593,175 shares of the company’s stock worth $78,368,000 after purchasing an additional 392,919 shares during the period. Finally, Trust Co. of Vermont boosted its position in shares of Invesco KBW Bank ETF by 105.3% during the 4th quarter. Trust Co. of Vermont now owns 616 shares of the company’s stock valued at $30,000 after acquiring an additional 316 shares in the last quarter.
Invesco KBW Bank ETF Price Performance
Shares of KBWB traded up $1.50 during mid-day trading on Friday, reaching $58.76. The company had a trading volume of 560,440 shares, compared to its average volume of 810,511. The company’s 50-day moving average is $57.24 and its 200-day moving average is $54.79. Invesco KBW Bank ETF has a twelve month low of $36.51 and a twelve month high of $59.68. The company has a market capitalization of $1.75 billion, a P/E ratio of 10.69 and a beta of 1.19.
Invesco KBW Bank ETF Increases Dividend
Invesco KBW Bank ETF 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.
See Also
- Five stocks we like better than Invesco KBW Bank ETF
- Where Do I Find 52-Week Highs and Lows?
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- What Are Dividend Champions? How to Invest in the Champions
- MarketBeat Week in Review – 9/30 – 10/4
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Top Streaming Companies: Who’s Winning the Battle?
Want to see what other hedge funds are holding KBWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report).
Receive News & Ratings for Invesco KBW Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.