Integrity Alliance LLC. Acquires New Stake in Invesco KBW Bank ETF $KBWB

Integrity Alliance LLC. acquired a new stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWBFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,226 shares of the company’s stock, valued at approximately $525,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Fort Sheridan Advisors LLC acquired a new position in Invesco KBW Bank ETF in the third quarter worth approximately $564,000. JPMorgan Chase & Co. boosted its stake in Invesco KBW Bank ETF by 77.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,215,823 shares of the company’s stock worth $486,140,000 after purchasing an additional 2,712,112 shares during the period. Altfest L J & Co. Inc. acquired a new position in Invesco KBW Bank ETF in the 4th quarter worth approximately $7,065,000. Independent Advisor Alliance acquired a new stake in shares of Invesco KBW Bank ETF during the 3rd quarter valued at $1,012,000. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in shares of Invesco KBW Bank ETF during the 3rd quarter valued at $9,933,000.

Invesco KBW Bank ETF Stock Up 0.8%

Shares of NASDAQ:KBWB opened at $87.14 on Friday. The firm has a fifty day moving average of $83.89 and a two-hundred day moving average of $83.51. The firm has a market capitalization of $5.50 billion, a P/E ratio of 13.35 and a beta of 1.04. Invesco KBW Bank ETF has a 12-month low of $64.54 and a 12-month high of $91.43.

Invesco KBW Bank ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.4898 dividend. This represents a $1.96 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, March 23rd. This is a boost 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.

See Also

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Institutional Ownership by Quarter for Invesco KBW Bank ETF (NASDAQ:KBWB)

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