Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Trading Down 1.2% – Here’s Why

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) shares fell 1.2% during trading on Monday . The company traded as low as $68.15 and last traded at $68.50. 5,863 shares were traded during trading, an increase of 1% from the average session volume of 5,830 shares. The stock had previously closed at $69.3075.

Invesco KBW Regional Banking ETF Stock Down 1.2%

The firm has a market cap of $52.75 million, a P/E ratio of 13.81 and a beta of 0.87. The stock’s 50-day simple moving average is $70.01 and its 200 day simple moving average is $64.51.

Institutional Trading of Invesco KBW Regional Banking ETF

A number of institutional investors have recently bought and sold shares of KBWR. Nwam LLC bought a new stake in Invesco KBW Regional Banking ETF during the fourth quarter valued at $416,000. Corient Private Wealth LLC bought a new stake in Invesco KBW Regional Banking ETF during the fourth quarter valued at $389,000. Jane Street Group LLC bought a new position in shares of Invesco KBW Regional Banking ETF during the 1st quarter worth about $302,000. SOL Capital Management CO bought a new position in shares of Invesco KBW Regional Banking ETF during the 4th quarter worth about $203,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Invesco KBW Regional Banking ETF during the 4th quarter worth about $74,000.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.