Y Intercept Hong Kong Ltd Acquires 5,144 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Y Intercept Hong Kong Ltd raised its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 110.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,788 shares of the company’s stock after acquiring 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.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Trust Co. NA raised its holdings in shares of Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after acquiring an additional 266 shares in the last quarter. FMR LLC raised its holdings in shares of Invesco KBW Bank ETF by 32.3% in the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after acquiring an additional 515 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in shares of Invesco KBW Bank ETF in the 4th quarter valued at about $2,143,000. Flow Traders U.S. LLC raised its holdings in shares of Invesco KBW Bank ETF by 44.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 7,748 shares of the company’s stock valued at $454,000 after acquiring an additional 2,391 shares in the last quarter. Finally, HM Payson & Co. purchased a new stake in shares of Invesco KBW Bank ETF in the 3rd quarter valued at about $68,000.

Invesco KBW Bank ETF Stock Up 2.1 %

NASDAQ:KBWB opened at $69.60 on Friday. The business’s 50-day moving average price is $68.82 and its two-hundred day moving average price is $64.73. Invesco KBW Bank ETF has a twelve month low of $49.05 and a twelve month high of $72.39. The stock has a market cap of $3.36 billion, a P/E ratio of 14.51 and a beta of 1.19.

Invesco KBW Bank ETF Announces Dividend

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