Invesco KBW Regional Banking ETF (NASDAQ:KBWR – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 31,800 shares, an increase of 11.2% from the July 31st total of 28,600 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 2.2 days.
Institutional Trading of Invesco KBW Regional Banking ETF
A number of institutional investors and hedge funds have recently made changes to their positions in KBWR. Davidson Investment Advisors acquired a new stake in shares of Invesco KBW Regional Banking ETF during the 2nd quarter worth $2,852,000. Jane Street Group LLC increased its holdings in Invesco KBW Regional Banking ETF by 307.5% in the 2nd quarter. Jane Street Group LLC now owns 52,681 shares of the company’s stock valued at $2,813,000 after purchasing an additional 39,754 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in Invesco KBW Regional Banking ETF in the 4th quarter valued at $1,404,000. Raymond James & Associates increased its holdings in Invesco KBW Regional Banking ETF by 198.8% in the 1st quarter. Raymond James & Associates now owns 26,447 shares of the company’s stock valued at $1,622,000 after purchasing an additional 17,597 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in Invesco KBW Regional Banking ETF in the 1st quarter valued at $688,000.
Invesco KBW Regional Banking ETF Stock Up 0.6 %
KBWR stock opened at $46.75 on Friday. The company has a market cap of $60.77 million, a price-to-earnings ratio of 10.36 and a beta of 1.05. The business has a fifty day simple moving average of $47.18 and a 200-day simple moving average of $44.53. Invesco KBW Regional Banking ETF has a 52 week low of $37.49 and a 52 week high of $63.62.
Invesco KBW Regional Banking ETF Dividend Announcement
Invesco KBW Regional Banking ETF Company Profile
The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.
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