Jones Financial Companies Lllp Acquires 1,695 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Jones Financial Companies Lllp raised its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 143.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,876 shares of the company’s stock after acquiring an additional 1,695 shares during the quarter. Jones Financial Companies Lllp’s holdings in Invesco KBW Bank ETF were worth $188,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA boosted its stake in Invesco KBW Bank ETF by 88.7% in the third quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after acquiring an additional 266 shares during the last quarter. Synergy Asset Management LLC bought a new position in Invesco KBW Bank ETF in the fourth quarter valued at approximately $40,000. Thompson Investment Management Inc. bought a new position in Invesco KBW Bank ETF in the fourth quarter valued at approximately $54,000. FMR LLC boosted its stake in Invesco KBW Bank ETF by 32.3% in the third quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after acquiring an additional 515 shares during the last quarter. Finally, Finley Financial LLC bought a new position in Invesco KBW Bank ETF in the fourth quarter valued at approximately $156,000.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB stock opened at $61.84 on Friday. The firm’s 50 day moving average price is $68.29 and its two-hundred day moving average price is $65.16. The stock has a market cap of $2.99 billion, a PE ratio of 12.76 and a beta of 1.19. Invesco KBW Bank ETF has a 52-week low of $49.32 and a 52-week high of $72.39.

Invesco KBW Bank ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.3601 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.