Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Update

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 173,088 shares, an increase of 28.1% from the December 15th total of 135,079 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 254,208 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 254,208 shares, the short-interest ratio is currently 0.7 days. Currently, 0.6% of the shares of the stock are sold short.

Invesco KBW High Dividend Yield Financial ETF Trading Down 2.8%

Shares of KBWD stock opened at $14.29 on Tuesday. Invesco KBW High Dividend Yield Financial ETF has a twelve month low of $11.96 and a twelve month high of $15.80. The company’s 50-day moving average price is $13.82 and its 200-day moving average price is $13.84. The stock has a market cap of $443.69 million, a price-to-earnings ratio of 10.83 and a beta of 1.15.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Investors of record on Tuesday, January 20th will be given a dividend of $0.1479 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date of this dividend is Tuesday, January 20th. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of KBWD. Farther Finance Advisors LLC raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 7.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 10,181 shares of the company’s stock valued at $141,000 after acquiring an additional 718 shares during the period. Comerica Bank raised its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 11.7% in the 3rd quarter. Comerica Bank now owns 8,451 shares of the company’s stock valued at $114,000 after buying an additional 887 shares during the period. CWM LLC lifted its stake in Invesco KBW High Dividend Yield Financial ETF by 3.9% during the 2nd quarter. CWM LLC now owns 28,846 shares of the company’s stock worth $400,000 after acquiring an additional 1,084 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Invesco KBW High Dividend Yield Financial ETF by 3.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 35,665 shares of the company’s stock valued at $495,000 after acquiring an additional 1,167 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in Invesco KBW High Dividend Yield Financial ETF by 9.1% during the 2nd quarter. IFP Advisors Inc now owns 19,628 shares of the company’s stock worth $272,000 after buying an additional 1,633 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Company Profile

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.