Synergy Asset Management LLC Invests $3.05 Million in Invesco KBW Regional Banking ETF (NASDAQ:KBWR)

Synergy Asset Management LLC bought a new position in shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWRFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 55,747 shares of the company’s stock, valued at approximately $3,048,000. Synergy Asset Management LLC owned about 4.46% of Invesco KBW Regional Banking ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors acquired a new position in Invesco KBW Regional Banking ETF during the first quarter worth $26,000. Royal Bank of Canada increased its holdings in Invesco KBW Regional Banking ETF by 94.5% during the second quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock worth $128,000 after buying an additional 1,435 shares during the last quarter. Cerity Partners LLC acquired a new position in Invesco KBW Regional Banking ETF during the fourth quarter worth $217,000. Financial Advocates Investment Management acquired a new position in Invesco KBW Regional Banking ETF during the fourth quarter worth $217,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in Invesco KBW Regional Banking ETF during the first quarter worth $261,000.

Invesco KBW Regional Banking ETF Price Performance

NASDAQ:KBWR opened at $50.93 on Friday. Invesco KBW Regional Banking ETF has a one year low of $37.49 and a one year high of $56.49. The company has a market cap of $61.12 million, a P/E ratio of 10.36 and a beta of 1.05. The firm’s fifty day moving average price is $50.10 and its two-hundred day moving average price is $48.48.

Invesco KBW Regional Banking ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a $0.3993 dividend. The ex-dividend date was Monday, March 18th. This represents a $1.60 annualized dividend and a dividend yield of 3.14%.

About Invesco KBW Regional Banking ETF

(Free Report)

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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Institutional Ownership by Quarter for Invesco KBW Regional Banking ETF (NASDAQ:KBWR)

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