Edmond DE Rothschild Holding S.A. Acquires 2,961 Shares of Invesco KBW Bank ETF $KBWB

Edmond DE Rothschild Holding S.A. increased its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 2.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 153,800 shares of the company’s stock after acquiring an additional 2,961 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Invesco KBW Bank ETF were worth $11,015,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. City Center Advisors LLC lifted its stake in Invesco KBW Bank ETF by 1.8% during the second quarter. City Center Advisors LLC now owns 7,777 shares of the company’s stock worth $557,000 after purchasing an additional 137 shares during the period. Allworth Financial LP grew its stake in shares of Invesco KBW Bank ETF by 59.4% in the 2nd quarter. Allworth Financial LP now owns 400 shares of the company’s stock valued at $29,000 after purchasing an additional 149 shares during the period. Delos Wealth Advisors LLC grew its stake in shares of Invesco KBW Bank ETF by 0.5% in the 1st quarter. Delos Wealth Advisors LLC now owns 34,023 shares of the company’s stock valued at $2,136,000 after purchasing an additional 181 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of Invesco KBW Bank ETF by 2.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 14,086 shares of the company’s stock worth $1,009,000 after buying an additional 289 shares in the last quarter. Finally, AE Wealth Management LLC lifted its position in shares of Invesco KBW Bank ETF by 214.4% during the 2nd quarter. AE Wealth Management LLC now owns 459 shares of the company’s stock worth $33,000 after buying an additional 313 shares during the period.

Invesco KBW Bank ETF Price Performance

Shares of KBWB stock opened at $76.88 on Tuesday. The stock’s fifty day simple moving average is $76.93 and its 200 day simple moving average is $73.47. Invesco KBW Bank ETF has a one year low of $51.13 and a one year high of $80.08. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 13.35 and a beta of 1.11.

Invesco KBW Bank ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were paid a $0.4515 dividend. The ex-dividend date was Monday, September 22nd. This represents a $1.81 annualized dividend and a dividend yield of 2.3%. This is a boost from Invesco KBW Bank ETF’s previous quarterly dividend of $0.41.

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.