Capital Investment Advisory Services LLC Trims Stock Position in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

Capital Investment Advisory Services LLC cut its stake in shares of Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 21.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,839 shares of the company’s stock after selling 779 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Invesco KBW Premium Yield Equity REIT ETF were worth $57,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Clear Creek Financial Management LLC purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth approximately $242,000. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco KBW Premium Yield Equity REIT ETF by 8.6% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 17,750 shares of the company’s stock valued at $310,000 after buying an additional 1,401 shares during the period. Commonwealth Equity Services LLC increased its holdings in Invesco KBW Premium Yield Equity REIT ETF by 5.0% during the third quarter. Commonwealth Equity Services LLC now owns 19,459 shares of the company’s stock valued at $340,000 after buying an additional 929 shares during the period. International Assets Investment Management LLC purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at approximately $407,000. Finally, Tower Research Capital LLC TRC increased its holdings in Invesco KBW Premium Yield Equity REIT ETF by 57.2% during the third quarter. Tower Research Capital LLC TRC now owns 26,247 shares of the company’s stock valued at $458,000 after buying an additional 9,553 shares during the period.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 0.8 %

Shares of KBWY stock opened at $17.24 on Friday. The firm has a market cap of $190.33 million, a price-to-earnings ratio of 16.66 and a beta of 1.33. The company’s 50 day moving average is $17.49 and its 200 day moving average is $18.03. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $15.93 and a 52-week high of $20.64.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be issued a dividend of $0.1319 per share. This represents a $1.58 annualized dividend and a yield of 9.18%. The ex-dividend date is Monday, April 22nd.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.