Invesco KBW Bank ETF $KBWB Shares Bought by Anfield Capital Management LLC

Anfield Capital Management LLC increased its position in Invesco KBW Bank ETF (NASDAQ:KBWB) by 28.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,676 shares of the company’s stock after acquiring an additional 17,181 shares during the period. Invesco KBW Bank ETF makes up about 1.8% of Anfield Capital Management LLC’s investment portfolio, making the stock its 15th biggest position. Anfield Capital Management LLC owned approximately 0.10% of Invesco KBW Bank ETF worth $5,997,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rollins Financial Advisors LLC purchased a new position in Invesco KBW Bank ETF during the 3rd quarter valued at about $268,000. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new stake in shares of Invesco KBW Bank ETF in the third quarter valued at about $9,933,000. Synovus Financial Corp grew its position in shares of Invesco KBW Bank ETF by 0.8% in the third quarter. Synovus Financial Corp now owns 54,110 shares of the company’s stock valued at $4,234,000 after purchasing an additional 424 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of Invesco KBW Bank ETF by 6.5% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 82,535 shares of the company’s stock worth $6,455,000 after purchasing an additional 5,070 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Invesco KBW Bank ETF by 77.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,215,823 shares of the company’s stock worth $486,140,000 after purchasing an additional 2,712,112 shares during the last quarter.

Invesco KBW Bank ETF Stock Performance

Shares of NASDAQ:KBWB opened at $81.86 on Friday. The business’s fifty day moving average price is $86.33 and its two-hundred day moving average price is $80.76. The stock has a market cap of $5.80 billion, a PE ratio of 13.35 and a beta of 1.11. Invesco KBW Bank ETF has a one year low of $51.13 and a one year high of $91.43.

Invesco KBW Bank ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.4442 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.78 dividend on an annualized basis and a dividend yield of 2.2%.

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.