Invesco KBW Bank ETF (NASDAQ:KBWB) Position Boosted by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC grew its stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 11.4% during the 4th quarter, HoldingsChannel reports. The fund owned 33,842 shares of the company’s stock after acquiring an additional 3,475 shares during the period. Invesco KBW Bank ETF accounts for 1.8% of Delos Wealth Advisors LLC’s holdings, making the stock its 24th biggest position. Delos Wealth Advisors LLC’s holdings in Invesco KBW Bank ETF were worth $2,212,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Private Trust Co. NA raised 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 acquiring an additional 266 shares in the last quarter. FMR LLC increased its stake in shares of Invesco KBW Bank ETF by 32.3% during the 3rd quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after purchasing an additional 515 shares during the last quarter. Flow Traders U.S. LLC raised its holdings in shares of Invesco KBW Bank ETF by 44.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 7,748 shares of the company’s stock valued at $454,000 after purchasing an additional 2,391 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of Invesco KBW Bank ETF by 6.6% in the 3rd quarter. Quantinno Capital Management LP now owns 26,158 shares of the company’s stock valued at $1,533,000 after purchasing an additional 1,623 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Invesco KBW Bank ETF in the 3rd quarter valued at $272,000.

Invesco KBW Bank ETF Price Performance

Invesco KBW Bank ETF stock opened at $61.95 on Friday. Invesco KBW Bank ETF has a one year low of $49.32 and a one year high of $72.39. The company’s fifty day moving average price is $67.57 and its two-hundred day moving average price is $65.57. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 13.06 and a beta of 1.19.

Invesco KBW Bank ETF Increases Dividend

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

Invesco KBW Bank ETF Company 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.