J.W. Cole Advisors Inc. Acquires New Holdings in Invesco KBW Bank ETF (NASDAQ:KBWB)

J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,503 shares of the company’s stock, valued at approximately $229,000.

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

Invesco KBW Bank ETF Stock Down 1.8 %

Shares of NASDAQ KBWB opened at $68.94 on Friday. Invesco KBW Bank ETF has a fifty-two week low of $48.73 and a fifty-two week high of $72.39. The firm’s 50-day simple moving average is $68.53 and its 200 day simple moving average is $64.12. The stock has a market cap of $3.33 billion, a P/E ratio of 14.51 and a beta of 1.19.

Invesco KBW Bank ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.3601 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco KBW Bank ETF Company 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.