Invesco KBW Bank ETF $KBWB Position Reduced by Anfield Capital Management LLC

Anfield Capital Management LLC reduced its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,495 shares of the company’s stock after selling 780 shares during the period. Invesco KBW Bank ETF comprises approximately 1.4% of Anfield Capital Management LLC’s holdings, making the stock its 20th largest position. Anfield Capital Management LLC owned approximately 0.09% of Invesco KBW Bank ETF worth $4,261,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in KBWB. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Invesco KBW Bank ETF by 64.8% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,595,000 shares of the company’s stock valued at $400,714,000 after acquiring an additional 2,200,000 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in Invesco KBW Bank ETF by 20.2% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 3,545,000 shares of the company’s stock valued at $222,520,000 after purchasing an additional 595,000 shares during the period. Goldman Sachs Group Inc. raised its stake in Invesco KBW Bank ETF by 306.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,240,028 shares of the company’s stock valued at $140,607,000 after purchasing an additional 1,689,020 shares during the period. Menora Mivtachim Holdings LTD. purchased a new stake in shares of Invesco KBW Bank ETF in the first quarter valued at $93,402,000. Finally, Temasek Holdings Private Ltd acquired a new stake in shares of Invesco KBW Bank ETF in the first quarter worth $52,177,000.

Invesco KBW Bank ETF Trading Up 0.4%

Shares of KBWB stock opened at $75.23 on Wednesday. Invesco KBW Bank ETF has a 1-year low of $51.13 and a 1-year high of $80.08. The company has a market capitalization of $5.57 billion, a price-to-earnings ratio of 13.35 and a beta of 1.11. The stock’s fifty day simple moving average is $77.07 and its 200-day simple moving average is $73.08.

Invesco KBW Bank ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a dividend of $0.4515 per share. This represents a $1.81 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, September 22nd. This is a boost from Invesco KBW Bank ETF’s previous quarterly dividend of $0.41.

About Invesco KBW Bank ETF

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.