Invesco KBW Regional Banking ETF (NASDAQ:KBWR – Get Free Report) shares traded up 1.3% during mid-day trading on Wednesday . The stock traded as high as $68.87 and last traded at $68.2766. Approximately 670 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 5,830 shares. The stock had previously closed at $67.4058.
Invesco KBW Regional Banking ETF Price Performance
The stock has a market cap of $52.57 million, a price-to-earnings ratio of 13.81 and a beta of 0.87. The firm’s 50-day moving average is $69.09 and its 200 day moving average is $68.49.
Institutional Trading of Invesco KBW Regional Banking ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. grew its position in Invesco KBW Regional Banking ETF by 10.5% during the fourth quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock valued at $265,000 after acquiring an additional 407 shares during the period. Cherry Tree Wealth Management LLC acquired a new position in shares of Invesco KBW Regional Banking ETF in the 4th quarter valued at about $31,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco KBW Regional Banking ETF during the 2nd quarter worth about $43,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF during the 4th quarter worth about $74,000. Finally, SOL Capital Management CO acquired a new stake in Invesco KBW Regional Banking ETF during the 4th quarter worth approximately $203,000.
Invesco KBW Regional Banking ETF Company Profile
The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.
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