Invesco KBW Bank ETF (NASDAQ:KBWB) Stock Position Cut by RFG Holdings Inc.

Posted by Lindsey Winhoffer on Feb 4th, 2025

RFG Holdings Inc. reduced its position in Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 6.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 190,651 shares of the company’s stock after selling 12,237 shares during the period. Invesco KBW Bank ETF makes up about 4.1% of RFG Holdings Inc.’s investment portfolio, making the stock its 7th biggest position. RFG Holdings Inc.’s holdings in Invesco KBW Bank ETF were worth $12,461,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of KBWB. Capital Performance Advisors LLP purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter worth $29,000. Private Trust Co. NA increased its position in Invesco KBW Bank ETF by 88.7% in the third quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after buying an additional 266 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of Invesco KBW Bank ETF during the 4th quarter valued at approximately $40,000. HM Payson & Co. purchased a new position in Invesco KBW Bank ETF during the third quarter valued at approximately $68,000. Finally, FMR LLC boosted its position in shares of Invesco KBW Bank ETF by 32.3% in the third quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after purchasing an additional 515 shares during the period.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB stock opened at $70.29 on Tuesday. The stock has a fifty day simple moving average of $68.19 and a two-hundred day simple moving average of $62.91. Invesco KBW Bank ETF has a 52-week low of $46.87 and a 52-week high of $72.03. The firm has a market capitalization of $3.38 billion, a PE ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.3601 dividend. The ex-dividend date was Monday, December 23rd.

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.