Mainstay Capital Management LLC ADV Acquires Shares of 16,326 Invesco KBW Bank ETF (NASDAQ:KBWB)

Posted by Patrick Bannon on Feb 24th, 2025

Mainstay Capital Management LLC ADV acquired a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,326 shares of the company’s stock, valued at approximately $1,067,000.

Other hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in shares of Invesco KBW Bank ETF in the third quarter valued at about $29,000. Private Trust Co. NA increased its position in shares of Invesco KBW Bank ETF by 88.7% in the third quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after acquiring an additional 266 shares during the period. Synergy Asset Management LLC purchased a new position in shares of Invesco KBW Bank ETF in the fourth quarter valued at about $40,000. Thompson Investment Management Inc. bought a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at about $54,000. Finally, HM Payson & Co. bought a new stake in shares of Invesco KBW Bank ETF during the 3rd quarter valued at about $68,000.

Invesco KBW Bank ETF Trading Down 1.8 %

Shares of KBWB opened at $68.94 on Monday. The firm’s 50-day moving average price is $68.56 and its 200-day moving average price is $64.38. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19. Invesco KBW Bank ETF has a 1-year low of $48.73 and a 1-year high of $72.39.

Invesco KBW Bank ETF Dividend Announcement

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

Invesco KBW Bank ETF Company Profile

(Free Report)

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.