Guardian Partners Inc. Makes New $18.30 Million Investment in Invesco KBW Bank ETF (NASDAQ:KBWB)

Guardian Partners Inc. purchased a new position in Invesco KBW Bank ETF (NASDAQ:KBWB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 275,752 shares of the company’s stock, valued at approximately $18,296,000. Invesco KBW Bank ETF comprises 1.9% of Guardian Partners Inc.’s holdings, making the stock its 12th largest position. Guardian Partners Inc. owned approximately 0.57% of Invesco KBW Bank ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Robertson Stephens Wealth Management LLC raised its position in Invesco KBW Bank ETF by 1.7% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 10,504 shares of the company’s stock worth $686,000 after acquiring an additional 173 shares during the period. Wilmington Savings Fund Society FSB lifted its position in Invesco KBW Bank ETF by 6.4% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 4,385 shares of the company’s stock valued at $287,000 after purchasing an additional 264 shares in the last quarter. Private Trust Co. NA lifted its position in 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 purchasing an additional 266 shares in the last quarter. Addison Advisors LLC grew its holdings in Invesco KBW Bank ETF by 1.7% during the fourth quarter. Addison Advisors LLC now owns 28,679 shares of the company’s stock valued at $1,874,000 after purchasing an additional 485 shares during the period. Finally, FMR LLC grew its holdings in Invesco KBW Bank ETF by 32.3% during the third quarter. FMR LLC now owns 2,108 shares of the company’s stock valued at $124,000 after purchasing an additional 515 shares during the period.

Invesco KBW Bank ETF Stock Up 0.1 %

NASDAQ KBWB opened at $63.52 on Friday. The stock’s 50-day moving average price is $67.98 and its 200-day moving average price is $65.34. The company has a market capitalization of $3.07 billion, a P/E ratio of 12.76 and a beta of 1.19. Invesco KBW Bank ETF has a 52 week low of $49.32 and a 52 week high of $72.39.

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 paid 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.