Joseph P. Lucia & Associates LLC Buys New Position in Invesco KBW Bank ETF (NASDAQ:KBWB)

Joseph P. Lucia & Associates LLC purchased a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB) during the 4th quarter, HoldingsChannel reports. The firm purchased 3,211 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds have also added to or reduced their stakes in KBWB. Private Trust Co. NA increased its position 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 buying an additional 266 shares during the period. Capital Performance Advisors LLP purchased a new stake in Invesco KBW Bank ETF in the third quarter worth about $29,000. FMR LLC boosted its position in Invesco KBW Bank ETF by 32.3% during the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after acquiring an additional 515 shares in the last quarter. Addison Advisors LLC grew its holdings in shares of Invesco KBW Bank ETF by 3.6% during the 3rd quarter. Addison Advisors LLC now owns 28,194 shares of the company’s stock worth $1,652,000 after acquiring an additional 972 shares during the period. Finally, HM Payson & Co. bought a new position in shares of Invesco KBW Bank ETF in the 3rd quarter worth approximately $68,000.

Invesco KBW Bank ETF Stock Up 0.4 %

NASDAQ KBWB opened at $70.92 on Tuesday. The firm has a market capitalization of $3.44 billion, a PE ratio of 10.69 and a beta of 1.19. The stock’s 50 day moving average is $68.01 and its 200 day moving average is $62.42. Invesco KBW Bank ETF has a twelve month low of $46.87 and a twelve month high of $71.78.

Invesco KBW Bank ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.3601 per share. The ex-dividend date of this dividend 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.