Fifth Third Securities Inc. Cuts Stake in Invesco KBW Premium Yield Equity REIT ETF $KBWY

Fifth Third Securities Inc. trimmed its stake in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) by 18.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 185,267 shares of the company’s stock after selling 40,884 shares during the quarter. Fifth Third Securities Inc. owned about 1.17% of Invesco KBW Premium Yield Equity REIT ETF worth $2,955,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter valued at $39,000. PNC Financial Services Group Inc. raised its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 20,692.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,198 shares of the company’s stock worth $82,000 after buying an additional 5,173 shares during the period. Comerica Bank boosted its holdings in Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the first quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after acquiring an additional 974 shares during the last quarter. AE Wealth Management LLC grew its position in Invesco KBW Premium Yield Equity REIT ETF by 335.2% during the second quarter. AE Wealth Management LLC now owns 6,123 shares of the company’s stock valued at $96,000 after acquiring an additional 4,716 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the second quarter valued at about $137,000.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Invesco KBW Premium Yield Equity REIT ETF stock opened at $15.51 on Monday. The company has a market cap of $246.14 million, a price-to-earnings ratio of 22.41 and a beta of 1.13. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $13.86 and a 12 month high of $18.39. The stock’s 50-day moving average is $15.40 and its 200-day moving average is $15.72.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be issued a $0.1254 dividend. The ex-dividend date is Monday, December 22nd. This represents a c) annualized dividend and a yield of 9.7%.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.