Astoria Portfolio Advisors LLC. Buys 33,318 Shares of Invesco KBW Bank ETF $KBWB

Astoria Portfolio Advisors LLC. raised its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB) by 622.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 38,669 shares of the company’s stock after purchasing an additional 33,318 shares during the quarter. Invesco KBW Bank ETF makes up approximately 0.8% of Astoria Portfolio Advisors LLC.’s investment portfolio, making the stock its 20th largest holding. Astoria Portfolio Advisors LLC. owned approximately 0.05% of Invesco KBW Bank ETF worth $2,943,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP increased its position in Invesco KBW Bank ETF by 59.4% in the 2nd quarter. Allworth Financial LP now owns 400 shares of the company’s stock valued at $29,000 after buying an additional 149 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of Invesco KBW Bank ETF in the 2nd quarter worth approximately $31,000. AE Wealth Management LLC boosted its position in Invesco KBW Bank ETF by 214.4% in the second quarter. AE Wealth Management LLC now owns 459 shares of the company’s stock worth $33,000 after purchasing an additional 313 shares during the last quarter. Comerica Bank boosted its holdings in shares of Invesco KBW Bank ETF by 58.3% in the 1st quarter. Comerica Bank now owns 1,189 shares of the company’s stock worth $75,000 after buying an additional 438 shares during the last quarter. Finally, BTG Pactual Asset Management US LLC purchased a new position in Invesco KBW Bank ETF in the second quarter valued at about $82,000.

Invesco KBW Bank ETF Trading Up 1.1%

Shares of NASDAQ KBWB opened at $85.27 on Friday. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 13.35 and a beta of 1.11. Invesco KBW Bank ETF has a 1-year low of $51.13 and a 1-year high of $85.99. The stock has a fifty day simple moving average of $78.61 and a two-hundred day simple moving average of $75.52.

Invesco KBW Bank ETF Company 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.