79,573 Shares in Invesco KBW Bank ETF $KBWB Bought by Krilogy Financial LLC

Krilogy Financial LLC purchased a new stake in Invesco KBW Bank ETF (NASDAQ:KBWB) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 79,573 shares of the company’s stock, valued at approximately $6,139,000. Krilogy Financial LLC owned 0.11% of Invesco KBW Bank ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in KBWB. Allworth Financial LP raised its holdings in Invesco KBW Bank ETF by 59.4% during the second quarter. Allworth Financial LP now owns 400 shares of the company’s stock worth $29,000 after purchasing an additional 149 shares in the last quarter. UMB Bank n.a. purchased a new position in shares of Invesco KBW Bank ETF during the 3rd quarter worth approximately $31,000. AE Wealth Management LLC raised its stake in shares of Invesco KBW Bank ETF by 214.4% during the 2nd quarter. AE Wealth Management LLC now owns 459 shares of the company’s stock worth $33,000 after buying an additional 313 shares in the last quarter. BTG Pactual Asset Management US LLC acquired a new stake in shares of Invesco KBW Bank ETF in the 2nd quarter valued at approximately $82,000. Finally, Comerica Bank boosted its stake in shares of Invesco KBW Bank ETF by 58.3% in the first quarter. Comerica Bank now owns 1,189 shares of the company’s stock valued at $75,000 after buying an additional 438 shares in the last quarter.

Invesco KBW Bank ETF Stock Down 1.0%

Shares of NASDAQ KBWB opened at $89.79 on Wednesday. The stock has a market capitalization of $6.36 billion, a price-to-earnings ratio of 13.35 and a beta of 1.11. Invesco KBW Bank ETF has a 52 week low of $51.13 and a 52 week high of $91.44. The firm has a 50-day moving average price of $85.86 and a 200 day moving average price of $79.73.

Invesco KBW Bank ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.4442 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.78 annualized dividend and a yield of 2.0%.

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.