LPL Financial LLC Purchases 6,045 Shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR)

LPL Financial LLC boosted its holdings in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) by 24.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,204 shares of the company’s stock after buying an additional 6,045 shares during the period. LPL Financial LLC owned approximately 2.40% of Invesco KBW Regional Banking ETF worth $1,354,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jane Street Group LLC increased its holdings in shares of Invesco KBW Regional Banking ETF by 307.5% in the second quarter. Jane Street Group LLC now owns 52,681 shares of the company’s stock worth $2,813,000 after buying an additional 39,754 shares during the period. Raymond James & Associates raised its stake in shares of Invesco KBW Regional Banking ETF by 198.8% in the first quarter. Raymond James & Associates now owns 26,447 shares of the company’s stock worth $1,622,000 after purchasing an additional 17,597 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in Invesco KBW Regional Banking ETF during the 1st quarter valued at $688,000. Ameriprise Financial Inc. bought a new position in shares of Invesco KBW Regional Banking ETF during the 1st quarter valued at $404,000. Finally, Cetera Investment Advisers bought a new stake in shares of Invesco KBW Regional Banking ETF in the fourth quarter worth $439,000.

Invesco KBW Regional Banking ETF Stock Up 1.6 %

NASDAQ KBWR opened at $47.38 on Thursday. The firm has a market capitalization of $54.49 million, a P/E ratio of 10.36 and a beta of 1.05. The company has a 50-day moving average price of $43.65 and a 200-day moving average price of $44.80. Invesco KBW Regional Banking ETF has a 52 week low of $37.49 and a 52 week high of $62.54.

Invesco KBW Regional Banking ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th were issued a dividend of $0.4167 per share. This represents a $1.67 annualized dividend and a yield of 3.52%. The ex-dividend date of this dividend was Monday, September 18th.

About Invesco KBW Regional Banking ETF

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.