Invesco KBW Bank ETF (NASDAQ:KBWB) Shares Acquired by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. boosted its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 45,732 shares of the company’s stock after acquiring an additional 1,122 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Invesco KBW Bank ETF were worth $2,989,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Invesco KBW Bank ETF by 961.2% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,950,000 shares of the company’s stock worth $192,782,000 after buying an additional 2,672,000 shares during the period. Fisher Asset Management LLC increased its stake in Invesco KBW Bank ETF by 10.4% during the fourth quarter. Fisher Asset Management LLC now owns 2,792,499 shares of the company’s stock worth $182,490,000 after acquiring an additional 262,848 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of Invesco KBW Bank ETF by 1,780,000.0% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,670,150 shares of the company’s stock worth $174,494,000 after purchasing an additional 2,670,000 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Invesco KBW Bank ETF by 129,166.7% in the 4th 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. Finally, Horizon Investments LLC acquired a new position in shares of Invesco KBW Bank ETF in the 4th quarter valued at about $25,599,000.

Invesco KBW Bank ETF Stock Performance

KBWB opened at $61.95 on Friday. Invesco KBW Bank ETF has a 1 year low of $49.32 and a 1 year high of $72.39. The firm has a 50 day moving average price of $67.57 and a 200 day moving average price of $65.51. The company has a market cap of $2.99 billion, a PE ratio of 13.06 and a beta of 1.19.

Invesco KBW Bank ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.4118 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco KBW Bank ETF’s previous dividend of $0.36.

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.