JPMorgan Chase & Co. trimmed its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB) by 56.6% in the first quarter, HoldingsChannel reports. The firm owned 101,079 shares of the company’s stock after selling 131,650 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco KBW Bank ETF were worth $4,872,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in Invesco KBW Bank ETF by 968.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,271 shares of the company’s stock valued at $56,000 after buying an additional 1,152 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Invesco KBW Bank ETF in the fourth quarter valued at approximately $75,000. Broadleaf Partners LLC purchased a new stake in Invesco KBW Bank ETF in the first quarter valued at approximately $215,000. Two Sigma Advisers LP purchased a new stake in Invesco KBW Bank ETF in the fourth quarter valued at approximately $344,000. Finally, Cetera Investment Advisers lifted its stake in Invesco KBW Bank ETF by 22.7% in the fourth quarter. Cetera Investment Advisers now owns 11,624 shares of the company’s stock valued at $513,000 after buying an additional 2,154 shares during the last quarter.

Shares of NASDAQ KBWB opened at $49.81 on Friday. Invesco KBW Bank ETF has a twelve month low of $41.02 and a twelve month high of $57.92.

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Institutional Ownership by Quarter for Invesco KBW Bank ETF (NASDAQ:KBWB)

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