Temasek Holdings Private Ltd Purchases 920,001 Shares of Invesco KBW Bank ETF $KBWB

Temasek Holdings Private Ltd raised its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 86.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,989,001 shares of the company’s stock after acquiring an additional 920,001 shares during the quarter. Temasek Holdings Private Ltd owned approximately 2.81% of Invesco KBW Bank ETF worth $167,653,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. IFP Advisors Inc bought a new stake in Invesco KBW Bank ETF during the 4th quarter valued at approximately $35,000. Allworth Financial LP boosted its position in Invesco KBW Bank ETF by 31.5% during the 4th quarter. Allworth Financial LP now owns 522 shares of the company’s stock valued at $44,000 after acquiring an additional 125 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in Invesco KBW Bank ETF by 970.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock valued at $45,000 after acquiring an additional 485 shares in the last quarter. Hollencrest Capital Management bought a new stake in Invesco KBW Bank ETF during the 4th quarter valued at approximately $57,000. Finally, High Point Wealth Management LLC bought a new stake in Invesco KBW Bank ETF during the 4th quarter valued at approximately $57,000.

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Invesco KBW Bank ETF Stock Performance

Invesco KBW Bank ETF stock opened at $92.07 on Tuesday. The stock’s 50 day simple moving average is $86.41 and its two-hundred day simple moving average is $84.54. The stock has a market cap of $5.81 billion, a price-to-earnings ratio of 13.35 and a beta of 1.02. Invesco KBW Bank ETF has a fifty-two week low of $65.77 and a fifty-two week high of $94.05.

Invesco KBW Bank ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a dividend of $0.4898 per share. This represents a $1.96 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, March 23rd. This is a positive change from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44.

About Invesco KBW Bank ETF

(Free Report)

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.

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