Invesco KBW Bank ETF (NASDAQ:KBWB – Get Free Report) was the recipient of some unusual options trading activity on Friday. Investors bought 6,808 put options on the stock. This represents an increase of 371% compared to the typical daily volume of 1,444 put options.
Invesco KBW Bank ETF Trading Up 0.4%
Invesco KBW Bank ETF stock traded up $0.31 during mid-day trading on Friday, hitting $87.36. The stock had a trading volume of 1,273,120 shares, compared to its average volume of 1,976,544. The firm has a market capitalization of $6.20 billion, a P/E ratio of 13.35 and a beta of 1.01. The firm’s 50 day moving average is $95.19 and its 200 day moving average is $90.37. Invesco KBW Bank ETF has a one year low of $73.32 and a one year high of $100.61.
Invesco KBW Bank ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.4601 dividend. The ex-dividend date was Monday, September 21st. This is a negative change from Invesco KBW Bank ETF’s previous quarterly dividend of $0.4729. This represents a $1.84 annualized dividend and a dividend yield of 2.1%.
Institutional Trading of Invesco KBW Bank ETF
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.
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