1,069,000 Shares in Invesco KBW Bank ETF $KBWB Bought by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd bought a new position in Invesco KBW Bank ETF (NASDAQ:KBWB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,069,000 shares of the company’s stock, valued at approximately $83,606,000. Temasek Holdings Private Ltd owned 1.44% of Invesco KBW Bank ETF at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in KBWB. JPMorgan Chase & Co. grew its position in shares of Invesco KBW Bank ETF by 77.4% during the third quarter. JPMorgan Chase & Co. now owns 6,215,823 shares of the company’s stock worth $486,140,000 after acquiring an additional 2,712,112 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Invesco KBW Bank ETF by 83.8% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,177,620 shares of the company’s stock worth $326,732,000 after acquiring an additional 1,905,000 shares during the period. Menora Mivtachim Holdings LTD. lifted its position in Invesco KBW Bank ETF by 107.4% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 3,085,450 shares of the company’s stock valued at $220,980,000 after purchasing an additional 1,597,450 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in Invesco KBW Bank ETF by 23.3% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,370,000 shares of the company’s stock valued at $312,979,000 after purchasing an additional 825,000 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its stake in Invesco KBW Bank ETF by 1,409.0% during the 3rd quarter. Meitav Investment House Ltd. now owns 610,455 shares of the company’s stock valued at $47,623,000 after purchasing an additional 570,000 shares during the period.

Invesco KBW Bank ETF Stock Down 0.7%

Invesco KBW Bank ETF stock opened at $75.84 on Friday. Invesco KBW Bank ETF has a 52-week low of $51.13 and a 52-week high of $91.43. The firm has a market capitalization of $5.37 billion, a price-to-earnings ratio of 13.35 and a beta of 1.11. The firm has a 50-day moving average price of $85.12 and a two-hundred day moving average price of $81.11.

Invesco KBW Bank ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.4442 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.78 annualized dividend and a dividend yield of 2.3%.

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.