Atria Investments Inc Sells 3,505 Shares of Invesco KBW Bank ETF $KBWB

Atria Investments Inc trimmed its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 49.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,531 shares of the company’s stock after selling 3,505 shares during the quarter. Atria Investments Inc’s holdings in Invesco KBW Bank ETF were worth $253,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Invesco KBW Bank ETF by 64.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,595,000 shares of the company’s stock worth $400,714,000 after buying an additional 2,200,000 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Invesco KBW Bank ETF by 20.2% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,545,000 shares of the company’s stock worth $222,520,000 after purchasing an additional 595,000 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Invesco KBW Bank ETF by 306.5% during the first quarter. Goldman Sachs Group Inc. now owns 2,240,028 shares of the company’s stock valued at $140,607,000 after buying an additional 1,689,020 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in Invesco KBW Bank ETF during the 1st quarter valued at about $93,402,000. Finally, Temasek Holdings Private Ltd bought a new stake in Invesco KBW Bank ETF during the first quarter worth $52,177,000.

Invesco KBW Bank ETF Stock Performance

NASDAQ:KBWB opened at $79.22 on Thursday. The firm has a 50-day moving average price of $77.14 and a two-hundred day moving average price of $72.58. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 13.35 and a beta of 1.11. Invesco KBW Bank ETF has a 52 week low of $51.13 and a 52 week high of $80.08.

Invesco KBW Bank ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a $0.4515 dividend. The ex-dividend date was Monday, September 22nd. This is a positive change from Invesco KBW Bank ETF’s previous quarterly dividend of $0.41. This represents a $1.81 dividend on an annualized basis and a yield of 2.3%.

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.