Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Shares Up 0.2% – Here’s Why

Invesco KBW Regional Banking ETF (NASDAQ:KBWR)’s share price shot up 0.2% during mid-day trading on Monday . The stock traded as high as $58.29 and last traded at $57.77. 2,058 shares changed hands during trading, a decline of 65% from the average session volume of 5,956 shares. The stock had previously closed at $57.63.

Invesco KBW Regional Banking ETF Stock Up 0.2 %

The stock has a market capitalization of $52.57 million, a price-to-earnings ratio of 9.98 and a beta of 1.05. The company’s 50-day moving average is $55.66 and its 200-day moving average is $52.15.

Invesco KBW Regional Banking ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.401 per share. This represents a $1.60 annualized dividend and a yield of 2.78%. The ex-dividend date was Monday, September 23rd. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.