Finley Financial LLC Invests $156,000 in Invesco KBW Bank ETF (NASDAQ:KBWB)

Finley Financial LLC bought a new position in Invesco KBW Bank ETF (NASDAQ:KBWB) during the fourth quarter, HoldingsChannel.com reports. The fund bought 2,250 shares of the company’s stock, valued at approximately $156,000.

Other institutional investors have also recently modified their holdings of the company. Fiduciary Trust Co purchased a new stake in shares of Invesco KBW Bank ETF during the third quarter valued at $27,113,000. Wharton Business Group LLC boosted its position in shares of 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 buying an additional 427,872 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of 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 buying an additional 262,800 shares during the last quarter. Good Life Advisors LLC purchased a new stake in shares of Invesco KBW Bank ETF during the third quarter valued at $7,819,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Invesco KBW Bank ETF by 908.4% during the second quarter. Envestnet Asset Management Inc. now owns 138,908 shares of the company’s stock valued at $7,432,000 after buying an additional 125,133 shares during the last quarter.

Invesco KBW Bank ETF Price Performance

Invesco KBW Bank ETF stock opened at $70.54 on Wednesday. Invesco KBW Bank ETF has a one year low of $46.87 and a one year high of $71.78. The stock has a market capitalization of $3.08 billion, a PE ratio of 10.69 and a beta of 1.19. The business’s fifty day moving average is $67.90 and its 200 day moving average is $61.96.

Invesco KBW Bank ETF Announces Dividend

The company also recently announced 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 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.