WESPAC Advisors SoCal LLC decreased its holdings in Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 57.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 11,806 shares of the company’s stock after selling 15,818 shares during the period. WESPAC Advisors SoCal LLC’s holdings in Invesco KBW Bank ETF were worth $934,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. IFP Advisors Inc purchased a new stake in shares of Invesco KBW Bank ETF during the 4th quarter valued at approximately $35,000. Allworth Financial LP grew its stake in Invesco KBW Bank ETF by 31.5% in the 4th quarter. Allworth Financial LP now owns 522 shares of the company’s stock valued at $44,000 after buying an additional 125 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Invesco KBW Bank ETF by 970.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 535 shares of the company’s stock valued at $45,000 after buying an additional 485 shares in the last quarter. Bayban bought a new stake in Invesco KBW Bank ETF during the 4th quarter valued at $55,000. Finally, Hollencrest Capital Management bought a new stake in Invesco KBW Bank ETF during the 4th quarter valued at $57,000.
Invesco KBW Bank ETF Price Performance
NASDAQ:KBWB opened at $92.64 on Friday. The company has a market cap of $5.85 billion, a P/E ratio of 13.35 and a beta of 1.02. The stock’s fifty day moving average price is $87.32 and its two-hundred day moving average price is $84.89. Invesco KBW Bank ETF has a 1 year low of $66.81 and a 1 year high of $95.05.
Invesco KBW Bank ETF Announces Dividend
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.
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