Atria Wealth Solutions Inc. Sells 37,359 Shares of Invesco KBW Bank ETF (NASDAQ:KBWB)

Atria Wealth Solutions Inc. trimmed its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 76.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,816 shares of the company’s stock after selling 37,359 shares during the period. Atria Wealth Solutions Inc.’s holdings in Invesco KBW Bank ETF were worth $581,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in KBWB. Varma Mutual Pension Insurance Co boosted its position in shares of Invesco KBW Bank ETF by 599.0% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 5,800,272 shares of the company’s stock valued at $232,417,000 after acquiring an additional 4,970,485 shares in the last quarter. Wharton Business Group LLC grew its stake in shares of Invesco KBW Bank ETF by 28.8% in the 3rd quarter. Wharton Business Group LLC now owns 1,227,074 shares of the company’s stock valued at $49,169,000 after purchasing an additional 274,697 shares during the period. WP Advisors LLC raised its holdings in shares of Invesco KBW Bank ETF by 3.4% in the 4th quarter. WP Advisors LLC now owns 477,199 shares of the company’s stock worth $23,473,000 after buying an additional 15,592 shares in the last quarter. Barclays PLC lifted its position in shares of Invesco KBW Bank ETF by 1,762.6% during the 3rd quarter. Barclays PLC now owns 383,339 shares of the company’s stock worth $15,360,000 after buying an additional 362,758 shares during the period. Finally, Ledyard National Bank acquired a new stake in Invesco KBW Bank ETF in the 3rd quarter valued at $13,794,000.

Invesco KBW Bank ETF Price Performance

Shares of NASDAQ:KBWB opened at $52.97 on Monday. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 10.29 and a beta of 1.19. The business’s fifty day moving average price is $51.54 and its two-hundred day moving average price is $47.71. Invesco KBW Bank ETF has a fifty-two week low of $36.19 and a fifty-two week high of $53.79.

Invesco KBW Bank ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.4265 per share. This represents a $1.71 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date was Monday, March 18th.

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.