6,438 Shares in Invesco KBW Bank ETF $KBWB Purchased by Compass Financial Management LLC

Compass Financial Management LLC purchased a new stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,438 shares of the company’s stock, valued at approximately $617,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. bought a new stake in Invesco KBW Bank ETF during the first quarter worth about $29,000. IFP Advisors Inc bought a new position in shares of Invesco KBW Bank ETF in the fourth quarter valued at approximately $35,000. Private Wealth Management Group LLC bought a new position in shares of Invesco KBW Bank ETF in the first quarter valued at approximately $40,000. Allworth Financial LP boosted its holdings in shares of Invesco KBW Bank ETF by 31.5% in the 4th quarter. Allworth Financial LP now owns 522 shares of the company’s stock worth $44,000 after acquiring an additional 125 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Invesco KBW Bank ETF by 970.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock worth $45,000 after acquiring an additional 485 shares in the last quarter.

Invesco KBW Bank ETF Price Performance

NASDAQ KBWB opened at $95.62 on Monday. The stock’s 50 day simple moving average is $95.99 and its 200 day simple moving average is $88.45. Invesco KBW Bank ETF has a one year low of $73.32 and a one year high of $100.61. The firm has a market cap of $6.73 billion, a PE ratio of 13.35 and a beta of 1.02.

Invesco KBW Bank ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.4729 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.89 dividend on an annualized basis 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.