Y Intercept Hong Kong Ltd Raises Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

Y Intercept Hong Kong Ltd grew its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 110.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,788 shares of the company’s stock after buying an additional 5,144 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Invesco KBW Bank ETF were worth $640,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in KBWB. HM Payson & Co. purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter valued at $68,000. Farther Finance Advisors LLC lifted its position in shares of Invesco KBW Bank ETF by 712.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,114 shares of the company’s stock valued at $476,000 after buying an additional 7,115 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in shares of Invesco KBW Bank ETF by 17.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 16,542 shares of the company’s stock valued at $971,000 after buying an additional 2,461 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter valued at $29,000. Finally, Addison Advisors LLC raised its stake in shares of Invesco KBW Bank ETF by 3.6% during the 3rd quarter. Addison Advisors LLC now owns 28,194 shares of the company’s stock valued at $1,652,000 after purchasing an additional 972 shares during the period.

Invesco KBW Bank ETF Stock Performance

NASDAQ:KBWB opened at $69.60 on Friday. Invesco KBW Bank ETF has a 52-week low of $49.05 and a 52-week high of $72.39. The firm has a market cap of $3.36 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19. The business’s fifty day moving average is $68.82 and its 200 day moving average is $64.73.

Invesco KBW Bank ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.3601 per share. The ex-dividend date was Monday, December 23rd.

About Invesco KBW Bank ETF

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.