Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Stock Price Up 0.2% – Should You Buy?

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) shares rose 0.2% on Monday . The stock traded as high as $58.29 and last traded at $57.77. Approximately 2,058 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 5,956 shares. The stock had previously closed at $57.63.

Invesco KBW Regional Banking ETF Stock Up 1.2 %

The business has a 50-day simple moving average of $55.78 and a 200-day simple moving average of $52.20. The stock has a market cap of $54.26 million, a P/E ratio of 9.98 and a beta of 1.05.

Invesco KBW Regional Banking ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.401 per share. This is an increase from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.60 annualized dividend and a dividend yield of 2.69%. The ex-dividend date was Monday, September 23rd.

Invesco KBW Regional Banking ETF Company Profile

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.