Quattro Financial Advisors LLC Sells 194 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Quattro Financial Advisors LLC reduced its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 0.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,168 shares of the company’s stock after selling 194 shares during the period. Quattro Financial Advisors LLC’s holdings in Invesco KBW Bank ETF were worth $1,690,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC increased its holdings in shares of Invesco KBW Bank ETF by 1.7% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 10,504 shares of the company’s stock worth $686,000 after buying an additional 173 shares during the last quarter. Private Trust Co. NA increased its stake in Invesco KBW Bank ETF by 88.7% during the third quarter. Private Trust Co. NA now owns 566 shares of the company’s stock worth $33,000 after acquiring an additional 266 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in Invesco KBW Bank ETF during the third quarter valued at approximately $29,000. FMR LLC lifted its stake 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 purchasing an additional 515 shares during the last quarter. Finally, Synergy Asset Management LLC purchased a new position in shares of Invesco KBW Bank ETF in the 4th quarter worth approximately $40,000.

Invesco KBW Bank ETF Stock Performance

NASDAQ KBWB opened at $71.70 on Friday. The business’s 50 day moving average price is $68.18 and its 200-day moving average price is $63.21. Invesco KBW Bank ETF has a fifty-two week low of $46.87 and a fifty-two week high of $72.39. The company has a market cap of $3.46 billion, a P/E ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given 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.