10,300 Shares in Invesco KBW Bank ETF $KBWB Bought by Niles Investment Management LLC

Niles Investment Management LLC purchased a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWBFree Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 10,300 shares of the company’s stock, valued at approximately $868,000. Invesco KBW Bank ETF makes up approximately 0.7% of Niles Investment Management LLC’s holdings, making the stock its 17th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in Invesco KBW Bank ETF by 47.5% during the fourth quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock worth $772,603,000 after buying an additional 2,950,181 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Invesco KBW Bank ETF by 9.3% during the fourth quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock worth $300,765,000 after buying an additional 303,052 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Invesco KBW Bank ETF by 4.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,837,447 shares of the company’s stock worth $239,168,000 after buying an additional 121,744 shares in the last quarter. Two Sigma Investments LP boosted its holdings in Invesco KBW Bank ETF by 2,620.7% during the third quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock worth $94,904,000 after buying an additional 1,168,848 shares in the last quarter. Finally, Temasek Holdings Private Ltd purchased a new stake in Invesco KBW Bank ETF during the third quarter worth $83,606,000.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $92.60 on Friday. The company’s fifty day moving average price is $86.18 and its 200 day moving average price is $84.39. Invesco KBW Bank ETF has a 1 year low of $65.40 and a 1 year high of $93.04. The company has a market capitalization of $5.84 billion, a PE ratio of 13.35 and a beta of 1.02.

Invesco KBW Bank ETF Increases Dividend

The business 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 is a boost from Invesco KBW Bank ETF’s previous quarterly dividend of $0.44. This represents a $1.96 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, March 23rd.

Invesco KBW Bank ETF Company Profile

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

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