Commonwealth Equity Services LLC raised its position in shares of Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report) by 25.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,724 shares of the company’s stock after purchasing an additional 13,907 shares during the quarter. Commonwealth Equity Services LLC owned 0.21% of Invesco KBW Bank ETF worth $2,842,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Citigroup Inc. boosted its stake in shares of Invesco KBW Bank ETF by 2,105.2% in the first quarter. Citigroup Inc. now owns 13,231 shares of the company’s stock worth $555,000 after buying an additional 12,631 shares during the last quarter. Credit Suisse AG boosted its stake in shares of Invesco KBW Bank ETF by 162.2% in the first quarter. Credit Suisse AG now owns 20,797 shares of the company’s stock worth $873,000 after buying an additional 12,864 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Invesco KBW Bank ETF by 58.0% in the first quarter. LPL Financial LLC now owns 287,154 shares of the company’s stock worth $12,052,000 after buying an additional 105,377 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of Invesco KBW Bank ETF by 354.8% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 846 shares of the company’s stock worth $36,000 after buying an additional 660 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Invesco KBW Bank ETF by 64.8% in the first quarter. Tower Research Capital LLC TRC now owns 36,449 shares of the company’s stock worth $1,530,000 after buying an additional 14,333 shares during the last quarter.
Invesco KBW Bank ETF Trading Down 1.0 %
Shares of KBWB stock opened at $42.02 on Wednesday. The company has a market capitalization of $1.85 billion, a P/E ratio of 8.67 and a beta of 1.19. The business’s 50 day moving average is $43.06 and its two-hundred day moving average is $41.45. Invesco KBW Bank ETF has a 12-month low of $36.19 and a 12-month high of $59.50.
Invesco KBW Bank ETF Announces Dividend
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.
Featured Stories
- Five stocks we like better than Invesco KBW Bank ETF
- How to Invest in Communication Stocks
- 5 Ways to Play Retail that will Profit in 2023
- Conference Calls and Individual Investors
- This Is Why It’s Not Too Late For You To Buy Meta Stock
- What Are MATANA Stocks?
- Why Analysts Say GE’s Healthcare Spinoff Has $20 Upside
Want to see what other hedge funds are holding KBWB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco KBW Bank ETF (NASDAQ:KBWB – Free Report).
Receive News & Ratings for Invesco KBW Bank ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Bank ETF and related companies with MarketBeat.com's FREE daily email newsletter.
