Simplex Trading LLC Buys New Stake in Invesco KBW Bank ETF (NASDAQ:KBWB)

Simplex Trading LLC purchased a new stake in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,941 shares of the company’s stock, valued at approximately $538,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. grew its position in shares of Invesco KBW Bank ETF by 1,000.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,210 shares of the company’s stock valued at $48,000 after acquiring an additional 1,100 shares during the period. Capital Analysts LLC boosted its position in Invesco KBW Bank ETF by 6,779.5% during the fourth quarter. Capital Analysts LLC now owns 2,683 shares of the company’s stock worth $132,000 after purchasing an additional 2,644 shares in the last quarter. Cerity Partners LLC acquired a new stake in Invesco KBW Bank ETF in the fourth quarter valued at approximately $246,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Invesco KBW Bank ETF in the third quarter valued at approximately $250,000. Finally, Robertson Stephens Wealth Management LLC purchased a new stake in shares of Invesco KBW Bank ETF in the third quarter valued at approximately $254,000.

Invesco KBW Bank ETF Price Performance

Shares of NASDAQ:KBWB opened at $52.97 on Friday. The business’s 50 day moving average price is $51.54 and its 200-day moving average price is $47.65. Invesco KBW Bank ETF has a 1 year low of $36.19 and a 1 year high of $53.79. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 10.29 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.4265 per share. This represents a $1.71 annualized dividend and a yield of 3.22%. The ex-dividend date of this dividend was Monday, March 18th.

Invesco KBW Bank ETF 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.