Cetera Investment Advisers Cuts Position in Invesco KBW Bank ETF $KBWB

Cetera Investment Advisers lowered its holdings in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 6.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 145,619 shares of the company’s stock after selling 10,241 shares during the quarter. Cetera Investment Advisers owned approximately 0.23% of Invesco KBW Bank ETF worth $11,521,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of Invesco KBW Bank ETF by 47.5% in the fourth quarter. JPMorgan Chase & Co. now owns 9,166,004 shares of the company’s stock valued at $772,603,000 after buying an additional 2,950,181 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Invesco KBW Bank ETF by 9.3% during the 4th quarter. Fisher Asset Management LLC now owns 3,568,214 shares of the company’s stock valued at $300,765,000 after buying an additional 303,052 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Invesco KBW Bank ETF by 4.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,837,447 shares of the company’s stock valued at $239,168,000 after acquiring an additional 121,744 shares during the period. Temasek Holdings Private Ltd grew its stake in Invesco KBW Bank ETF by 86.1% in the 4th quarter. Temasek Holdings Private Ltd now owns 1,989,001 shares of the company’s stock valued at $167,653,000 after acquiring an additional 920,001 shares during the period. Finally, Two Sigma Investments LP increased its holdings in Invesco KBW Bank ETF by 2,620.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,213,448 shares of the company’s stock worth $94,904,000 after acquiring an additional 1,168,848 shares in the last quarter.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ KBWB opened at $94.43 on Thursday. The firm has a fifty day moving average of $92.78 and a 200 day moving average of $87.05. The firm has a market cap of $6.72 billion, a PE ratio of 13.35 and a beta of 1.01. Invesco KBW Bank ETF has a one year low of $70.68 and a one year high of $98.97.

Invesco KBW Bank ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.4729 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.89 dividend on an annualized basis and a dividend yield of 2.0%.

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.