6,057 Shares in Invesco KBW Bank ETF (NASDAQ:KBWB) Purchased by Tanager Wealth Management LLP

Tanager Wealth Management LLP bought a new position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,057 shares of the company’s stock, valued at approximately $396,000.

Other institutional investors have also added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Invesco KBW Bank ETF by 129,166.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 620,480 shares of the company’s stock valued at $40,548,000 after purchasing an additional 620,000 shares in the last quarter. Fiduciary Trust Co acquired a new stake in Invesco KBW Bank ETF during the third quarter valued at approximately $27,113,000. Wharton Business Group LLC boosted its holdings in Invesco KBW Bank ETF by 27.4% during the third quarter. Wharton Business Group LLC now owns 1,987,535 shares of the company’s stock valued at $116,489,000 after purchasing an additional 427,872 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in Invesco KBW Bank ETF by 11.6% during the third quarter. Fisher Asset Management LLC now owns 2,529,651 shares of the company’s stock valued at $148,263,000 after purchasing an additional 262,800 shares in the last quarter. Finally, Good Life Advisors LLC acquired a new stake in Invesco KBW Bank ETF during the third quarter valued at approximately $7,819,000.

Invesco KBW Bank ETF Trading Up 0.7 %

NASDAQ KBWB opened at $70.54 on Wednesday. The stock’s 50 day moving average is $68.15 and its two-hundred day moving average is $63.09. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19. Invesco KBW Bank ETF has a 1-year low of $46.87 and a 1-year high of $72.03.

Invesco KBW Bank ETF Dividend Announcement

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

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.