GLOBALT Investments LLC GA Decreases Stock Position in Invesco KBW Bank ETF (NASDAQ:KBWB)

GLOBALT Investments LLC GA cut its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 3.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,787 shares of the company’s stock after selling 376 shares during the quarter. GLOBALT Investments LLC GA’s holdings in Invesco KBW Bank ETF were worth $705,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Invesco KBW Bank ETF by 961.2% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock worth $192,782,000 after buying an additional 2,672,000 shares in the last quarter. Fisher Asset Management LLC raised its stake in Invesco KBW Bank ETF by 10.4% in the 4th quarter. Fisher Asset Management LLC now owns 2,792,499 shares of the company’s stock valued at $182,490,000 after purchasing an additional 262,848 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in Invesco KBW Bank ETF by 1,780,000.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock valued at $174,494,000 after purchasing an additional 2,670,000 shares during the last quarter. Wharton Business Group LLC raised its stake in Invesco KBW Bank ETF by 27.4% in the 3rd quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock valued at $116,489,000 after purchasing an additional 427,872 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in Invesco KBW Bank ETF by 129,166.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock valued at $40,548,000 after purchasing an additional 620,000 shares during the last quarter.

Invesco KBW Bank ETF Trading Up 0.8 %

Shares of KBWB stock opened at $62.31 on Tuesday. The firm has a 50-day moving average price of $68.20 and a 200 day moving average price of $65.28. Invesco KBW Bank ETF has a twelve month low of $49.32 and a twelve month high of $72.39. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 12.76 and a beta of 1.19.

Invesco KBW Bank ETF Announces Dividend

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

Invesco KBW Bank ETF 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.