Invesco KBW Bank ETF $KBWB Position Reduced by RFG Holdings Inc.

RFG Holdings Inc. lessened its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWBFree Report) by 12.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,101 shares of the company’s stock after selling 25,709 shares during the quarter. Invesco KBW Bank ETF comprises approximately 3.5% of RFG Holdings Inc.’s portfolio, making the stock its 9th biggest holding. RFG Holdings Inc. owned 0.29% of Invesco KBW Bank ETF worth $13,854,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KBWB. Allworth Financial LP raised its position in shares of Invesco KBW Bank ETF by 31.5% in the fourth quarter. Allworth Financial LP now owns 522 shares of the company’s stock valued at $44,000 after purchasing an additional 125 shares during the period. Quadcap Wealth Management LLC boosted its holdings in Invesco KBW Bank ETF by 0.4% in the 3rd quarter. Quadcap Wealth Management LLC now owns 55,017 shares of the company’s stock worth $4,303,000 after buying an additional 235 shares during the period. City Center Advisors LLC boosted its holdings in Invesco KBW Bank ETF by 3.6% in the 4th quarter. City Center Advisors LLC now owns 8,277 shares of the company’s stock worth $698,000 after buying an additional 287 shares during the period. Quattro Financial Advisors LLC grew its stake in Invesco KBW Bank ETF by 0.7% in the 4th quarter. Quattro Financial Advisors LLC now owns 42,235 shares of the company’s stock valued at $3,560,000 after buying an additional 300 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Invesco KBW Bank ETF by 2.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 14,262 shares of the company’s stock valued at $1,202,000 after buying an additional 313 shares in the last quarter.

Invesco KBW Bank ETF Price Performance

Shares of KBWB stock opened at $92.64 on Friday. The company’s fifty day simple moving average is $87.32 and its two-hundred day simple moving average is $84.89. Invesco KBW Bank ETF has a 1 year low of $66.81 and a 1 year high of $95.05. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of 13.35 and a beta of 1.02.

Invesco KBW Bank ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 22nd will be given a $0.4729 dividend. The ex-dividend date is Monday, June 22nd.

Invesco KBW Bank ETF 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.

See Also

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

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